He stated that hitchhiking and apathy are still risks for the sustainable survival of the Uniswap protocol, with less than 10% of circulating UNI used for voting on given proposals. Although the current governance is conducted through delegated voting, as of February 1, 2024, among the top 30 ranked delegates, 14 have not voted on the past 10 proposals, with only 7 delegates having ever proposed a proposal.
UNI Soars Over 60% Overnight! Uniswap Revives UNI Staking Proposal for Profit Sharing - What's Inside?