Uniswap

This Snapshot is created for the temperature check to support the oneUNI stablecoin launched by ICHI.

You can find the full proposal here: https://gov.uniswap.org/t/temperature-check-support-oneuni-stablecoin/13903

Napkin Math

$oneUNI is currently minted with 98% $USDC and 2% $UNI. The goal of this proposal is to loan $UNI to the $oneUNI contract so that the minting ratio may be lowered from 98% to 80%. This means users will begin depositing $0.20 of $UNI and $0.80 of $USDC to mint each $oneUNI.

Proposal: How much $UNI will be used to mint Stable UNI ($oneUNI) by 11/30/2021?

If you don’t want Uniswap to loan any $UNI, pick option 1 ‘Make no change’. If you want Uniswap to support this effort, pick options 2-7. The actual requested loan amount will be the $UNI-weighted average of these selections. Every $UNI counts! Why isn’t this a single yes vote? Vitalik proposed a ‘skin in the game’ solution to break the ‘tragedy of commons’ problem in token voting. As a first step, our idea is to make the voters focus on predicting the desired outcome of supporting Stable UNI. If this vote passes ‘Temperature Check’, we would like to discuss a potential reward for most accurate voters as part of the ‘Consensus Check’ process.

The full proposal is at: https://gov.uniswap.org/