Uniswap

Salary

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/uniswap-treasury-management-initiative-by-dao/" data-wpel-link="internal">Uniswap Treasury Management Initiative by DAO</a> 
Uniswap’s Decentralized Autonomous Organization (DAO), despite having a treasury worth approximately $6 billion, including its main network asset, the UNI token, is facing significant issues such as a lack of diversification and a clear strategy for the effective use of this significant asset value. In response, a proposal has been made to establish the Uniswap Treasury Working Group (UTWG) to address the growing concerns about the treasury and solve these urgent problems. 
<h2 style="text-align: justify" id="strong-details-of-the-utwg-initiative-strong">Details of the UTWG Initiative</h2> 
The UTWG aims to research various treasury management strategies over an eight-week period by consulting experts and examining successful practices from other DAOs such as Maker, Aave, Lido, and Gnosis. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-334894" src="https://coin-turk.com/wp-content/uploads/2024/03/Altcoin-Uniswap-UNI.jpeg" alt="" width="1280" height="720"> 
Understanding the legal consequences of implementing these strategies, including tax obligations, and ensuring compliance with regulations are among the important issues. Moreover, the implementation of these strategies will depend on the creation of a legal framework, and proposals can be solicited from service providers. 
The UTWG, which will consist of four members, already has two members appointed from StableLab and Arana Digital, who bring expertise in governance and decentralized finance (<a href="https://coin-turk.com/grammy-odullu-sanatci-da-kripto-para-sektorune-giris-yapiyor" data-wpel-link="internal">DeFi</a>) protocols. The remaining two members will be selected through Snapshot voting and will join WG0 to conduct research and present findings to the DAO. 
The responsibilities of the members include conducting comprehensive research on treasury management initiatives and analyzing case studies from other DAOs, as well as investigating potential legal frameworks. 
<h2 style="text-align: justify" id="strong-utwg-members-to-receive-200-per-hour-salary-strong">UTWG Members to Receive $200 per Hour Salary</h2> 
While a budget of 6,000 UNI tokens is requested for the UTWG, members will be paid an hourly wage of $200, similar to the Accountability Committee. Retroactive compensation will be allocated based on entry hours following the passage of an on-chain vote for WG0. 
Although the UTWG aims to present potential treasury management options, the implementation is contingent upon the establishment of a legal framework, and the proposed plan includes soliciting options as Requests for Comments / Proposals (RFC / RFP) to seek services from various treasury managers. Furthermore, collaboration with legal experts is anticipated to ensure compliance. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/uniswap-treasury-management-initiative-by-dao/" data-wpel-link="internal">Uniswap Treasury Management Initiative by DAO</a></h5>

Uniswap Treasury Management Initiative by DAO

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