UAC Renewal S4

For the full proposal, please see this forum post.

The UAC has now been operating for the past three seasons, each of which span a duration of roughly 7 months, and is looking to renew for S4, with elections for two new members upon successful completion of this vote. An evolution of the committee has led it to become the DAO’s go-to operational body for handling a multitude of different responsibilities, although it merely began as a committee to oversee cross-chain deployments upon expiration of the Uniswap v3 Business Source License (BSL). Today, the UAC oversees:

• Cross-chain deployment coordination
• ENS record management
• Disbursement and accounting of service provider, grantee, and working groups’ compensation
• Custody of DAO-approved funds on Ethereum mainnet
• Incentive distribution across a multitude of EVM-compatible chains
• Governance community calls
• Assisting with miscellaneous DAO operations like helping teams sponsor proposals
• Managing the newly established Foundation Feedback Group (FFG) This attached report on the forums outlines the specific operations behind the UAC from the previous season, along with an update regarding the financial situation of DAO programs and working groups. The last section will act as the request for comment (RFC) to renew the UAC and balance accounts.

We urge delegates to please review the full report and RFC.

A summary of the renewal ask and proposed budget is below:

• We will maintain the 5-member team as it’s an optimal number for dividing workload and distributing multisig security responsibilities.
• Increase the budgeted weekly hours from 7.5 to 10, bringing the monthly total 40 hours.
• Sustain the staggered election system to retain three current UAC members to prevent junctions between ongoing projects and training entirely new teams. Two out of the five members must either volunteer to drop their position, or there must be an internal vote to select which three members continue onto the next season
• Budget Ask:
  • $320,000 for UAC runway through December 2025, which is the budgeted ~40 hours/month, at the same and previous seasons $200/hr rate, for 8 months. This timeline aligns well with the end of the year and existing UAC programs, like the FFG, which is meant to conclude EOY 2025.
  • $50,000 for discretionary operations budget, which will allow us to continue paying for tools like DEN and SafeNotes—and other discretionary items down the road. This budget will allow the UAC to allocate capital to build supplemental materials like data dashboards without requesting additional capital through an onchain vote. Summary for UAC Temp Check: Allocate $370k of UNI for UAC Season 4 renewal.

$370,000 @ $5.3/UNI -> 69811 UNI