GOVERNANCE
The Uniswap Protocol is a public good owned and governed by UNI token holders

The UNI Token

The Uniswap token enables community ownership and active stewardship of the Protocol. UNI holders govern the Protocol through an on-chain governance process.
THE GOVERNANCE PROCESS
Phase 1: Temperature Check
Phase 2: Consensus Check
Phase 3: Governance Proposal
Phase 1
Phase 2
Phase 3

Temperature Check

The Temperature Check process determines whether there is sufficient will to make changes to the status quo. At the end of the two days, a majority vote with a 25k UNI yes-vote threshold wins. If the Temperature check does not suggest a change from the status quo, the topic will be closed on the governance site. If the Temperature Check does suggest a change, proceed to Stage 2: Consensus Check.
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