The BEN Uniswap Meta-Delegate
BEN has launched a new initiative to help university blockchain clubs within our network participate in Uniswap governance.
Part 1: Helping Clubs Become Uniswap Delegates
We are hosting more events and workshops to teach our university chapters how to become Uniswap delegates. We hosted the first such event last Wednesday with Blockchain at Berkeley and Harvard Law School Blockchain & Fintech Initiatives, who’ve already set up delegates, as presenters.
Thanks to our partner, Decentraland University, we were able to stream the event live on Decentraland to their prestigious Crypto College campus. We had 30+ attendees on Zoom and another 30+ attendees from inside Decentraland!
We are scheduling follow up calls with clubs who’ve expressed interest in running Uniswap delegates to help prep them for the initiative. Additionally, through our connections, we aim to help clubs who need assistance in voting power or guidance in understanding what it means to be a delegate for a community-run DeFi project.
Part 2: Running a BEN Uniswap Meta-Delegate
Because delegates need 10 million $UNI to submit proposals, BEN has created a framework for a Uniswap meta-delegate in which intercollegiate students can come together to present and discuss Uniswap proposals. After which, every BEN university chapter will have a vote on whether the BEN meta-delegate should formally submit proposals to the official Uniswap governance voting process. This way, BEN can bring representation and engagement from smaller universities who would not be able to reach the proposal initiation requirements on their own delegates.
Our vision is to decentralize and democratize DeFi governance power into the hands of the young people across the world, enabling them to have a say in how these blockchain products that will revolutionize society should be built.
We define success based on galvanized student interest and participation from various chapters within BEN’s network. We are targeting a high diversity and representation from universities from around the world.
We’ll be measuring our success based on how many universities and countries are represented in our Uniswap governance calls, as well as how many university chapters we are able to set up with their own delegate.
Timeline
February:
- Hosted an event on why and how university clubs can become Uniswap delegates Blockchain at Berkeley and Harvard Law School Blockchain & Fintech Initiatives as presenters.
- Put out an open call to our university chapters to garner interest in reviewing and discussing Uniswap governance proposals, and to congregate them into a special group chat designated for this purpose.
- Applied to Wave 1 of the UNI Grants Program.
March:
- Host first BEN Uniswap meta-delegate meeting in early March to familiarize students on Uniswap’s governance procedures and overall mission and goals for its decentralized governance initiative.
- Start our campaign to raise voting power from our network, our partners, and the greater blockchain community.
- Vet, guide, and mentor at least one university chapter in setting up their own Uniswap delegate.
April:
- Hold one meeting a month to discuss and review existing proposals, and cast polls to the university chapters on which way the BEN meta-delegate should vote.
- Ramp up our campaign to raise voting power with our goal of hitting 10 million UNI by May.
- Vet, guide, and mentor at least one more university chapter in setting up their own Uniswap delegate.
May:
- Hold our monthly Uniswap governance call meeting, assess whether we should increase the frequency of the meeting to more than once a month.
- If we don’t attain 10 million UNI, we will continue reviewing and discussing existing proposals, hosting internal polls with the university chapters, and casting our vote.
- If we attain 10 million UNI, we aim to successfully submit our own well-defined proposal for official Uniswap community voting.
- Vet, guide, and mentor at least one university chapter in setting up their own Uniswap delegate.
- Apply to Wave 2 of UNI Grants Program.
We look forward to taking this journey with our students. If you would like to delegate voting power to the BEN meta-delegate, please do so here.
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