Focused on the financial sustainability of Uniswap and growth strategies.
What do you want to see happen in Uniswap governance over the next year?
- Uniswap DAO turning its financially unsustainable path into a sustainable one. This means a protocol-wide fee switch activation and a systematic process of distributing this protocol revenue either into a treasury or to UNI holders. Further, serious effort needs to be put in the research of additional revenue mechanisms. Uniswap cannot continue financing its future just by continuously selling UNI, which is essentially just equity dilution. We first highlighted this in 2022 when we started as delegates, and the problem is fundamentally the same as of today.
- Teams outside Uniswap Labs that contribute to the Uniswap DAO. We need healthy competition of various development teams that directly work for the DAO, similarly as Core Units in MakerDAO. Uniswap needs to be inherently global, and not rely too heavily on any specific company in any country. The only way this is achieved is to build a healthy P&L for the DAO and start to invest its own revenue into teams directly supporting the protocol. Once Uniswap has its own technical development teams, an open roadmap needs to be put in place for everyone to align on.
- A Recognized Delegate (RD) framework. The Agora platform is a great initiative to boost delegation efforts in Uniswap. These efforts need to be continued with the design of a more committed delegate system that enables more time investment from delegates.
Reasons for wanting to be a delegate:
- Uniswap is one of the largest DeFi protocols and arguably the most important one. We are long-term players that want to see Uniswap capture a serious % of world trade volume in the decades to come. Real-world assets are increasingly tokenized and it is only a matter of time until these all trade in Uniswap with significant volume. We have been involved in the crypto industry since 2015 and continue to be involved because the whole financial system will someday likely run on these protocols. So it is exciting to be part of the journey and contribute to the key projects.
Skills and areas of expertise:
- Both part and full-time commitments in the industry since 2015, a wide up-to-date industry understanding, computer science, and mathematics backgrounds. We have also participated together as delegates in MakerDAO for over a year in an active capacity and are one of the largest delegates of Maker today.
Past contributions to the Uniswap ecosystem and/or demonstrated protocol knowledge (if applicable):
- An actively voting delegate since 2022 summer both to snapshots and execs. Have been particularly pushing the importance of Uniswap DAO generating a sustainable revenue model.
What are your views on 3 past Uniswap governance proposals?
- Uniswap Deployments Accountability Committee: Because we are strong supporters of launching Uniswap v3 on many chains, we feel there’s a need for an accountability committee. In particular, we are looking for increased transparency around project milestones — our previous experience with MakerDAO has shown how important this is.
- Uniswap v3 Gnosis: We are strongly for Uniswap v3 launching on every chain with activity on it to maintain Uniswap’s positioning as the de-facto liquidity venue. This is why we will support nearly every deployment if the chain has some merit and/or usage.
- Governance Proposal - Uniswap V3 Launch on zkEVM: Similar to the Gnosis deployment, we also support the zkEVM deployment. We believe that Uniswap should be early in deploying on chains in their lifecycle, particularly in the case of high-profile/quality zk-chains. Deploying much earlier on BNB Chain would have been a good idea in our opinion.
Disclosure of Conflicts of Interest:
- No conflicts of interest other than some personal investments in competing DEXes for both of us.
