Uniswap

For the full proposal, please see this forum post.

Similar to last season’s rebalance, fluctuations in the UNI token price means that the accounts for various programs become unbalanced–sometimes at a surplus and other times at a deficit. Since programs are budgeted in terms of dollars, we are looking to top up those balances to ensure commitments around sustaining elected DAO programs are covered. As mentioned in the forum post, this temperature check associated with rebalancing is being run separately from the UAC Season 4 renewal vote.

The rebalance will be for $280,142, priced in UNI at the time of the unchain vote. Further details on the request and breakdown of budget items can be found at the forum post above.