a16z: Has unconditionally delegated approximately 40 million UNI voting rights to external groups

2023-02-07 10:34:07

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ChainCatcher news, a16z's cryptocurrency investment team data science and engineering head Eddy Lazzarin tweeted that "a16z will fully delegate about 40 million UNI votes to external groups (with no conditions on how they vote), using 15 million UNI to vote (less than half of the amount delegated to others)."

Eddy Lazzarin also stated that a16z has voted on 11 other proposals, making it one of the most active members in the Uniswap community. He cited "A Brief Discussion on Cryptocurrency Protocol Governance" to explain that the reason for delegated voting is to achieve broader perspectives, less centralized voting power, and more community participation.

According to ChainCatcher's previous report, a16z controls 41.5 million UNI through 11 wallet addresses, accounting for approximately 4.15% of the supply. (Source link)

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a16z UNI governance voting

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