How does DAO voting actually work?
Here’s how I understand it: the purpose of a timelock is to give the community time to react. People who disagree with a change can withdraw their funds before it takes effect.
In September 2020, Uniswap launched UNI and airdropped 400 UNI to every address that had previously used the protocol.
$UNI is Uniswap’s governance token, and holders can vote on protocol proposals.
Just jotting down some thoughts—make your own decisions about what to do.
Here’s how I understand it: the purpose of a timelock is to give the community time to react. People who disagree with a change can withdraw their funds before it takes effect.
In September 2020, Uniswap launched UNI and airdropped 400 UNI to every address that had previously used the protocol.
$UNI is Uniswap’s governance token, and holders can vote on protocol proposals.
Just jotting down some thoughts—make your own decisions about what to do.