PANews May 6 news, according to DL News, Uniswap DAO is voting on a proposal to reclaim approximately 12.5 million UNI (worth about 42 million USD) governance tokens that were previously lent to the Uniswap Foundation and several key representatives. The proposal author, Erin Koen, the governance leader at Uniswap Labs, indicated that from 2022 to 2023, Uniswap DAO lent these tokens to enhance governance participation. The governance environment has greatly improved, with an average voting rate of about 75 million UNI for the proposal, exceeding the quorum by approximately 88%. Reclaiming the lent governance tokens can also solve the misalignment of incentives, preventing representatives from having excessive voting power while their own economic exposure is insufficient. The voting will end on May 8, with currently 53% in favor and 46% abstaining.

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