🌈 Uniswap DAO to weigh giving ‘underrepresented’ delegates more voting power A group of seven Uniswap DAO delegates who vote over 80% of the time — but possess marginal voting power — moved closer to receiving a voting power boost after a Wednesday temperature check vote. The proposal would split 10 million uniswap, worth around $60 million at current prices, among “underrepresented” DAO delegates with less than 2.5 million uniswap. A DAO borne out of Georgia Tech’s blockchain club and the trading firm Wintermute were the two most popular delegates in the temp check. The proposal now faces an on-chain vote before delegates would receive uniswap (UNI) from the DAO’s treasury. To be clear, the UNI would not be funds the delegates could spend or trade, but would bump up their share of voting power on future governance matters.

⬜️ #1 - Gas in Arbitrum ⬜️ L1 Gas: Paid to cover the future batches on L1. It is the majority of the commission and depends on the calldata size of the transaction and the calldata value in L1. At the time of the transaction, you can only estimate its approximate ratio to the size of the future batches. In other words, the L1 component is meant to compensate the Sequencer for the cost of posting transactions on L1 . ⬜️ L2 Gas: Works similarly to commissions in Ethereum Mainnet — it is a transaction execution fee on L2. The L2 component covers the cost of operating the L2 chain; it uses Geth for gas calculation and thus behaves nearly identically to L1 Ethereum. One difference is that unlike on Ethereum, Arbitrum chains enforce a gas price floor, currently 0.1 gwei on Arbitrum One and 0.01 gwei on Nova (See Gas). L2 Gas price adjusts responsively to chain congestion, ala EIP 1559.

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🟡 Technology Company DeFi Tech to Launch New XRP ETP Next Month A renowned technology firm has proclaimed its intention to introduce an XRP ETP in the European market starting early next month. DeFi Technologies, a prominent crypto company at the forefront of bridging traditional capital markets with decentralized finance, has disclosed the imminent launch of an XRP exchange-traded product (ETP). DeFi Technologies is launching an XRP ETP through its subsidiary, Valour Inc. Valour is renowned as a leading ETP issuer facilitating simplified access to investment vehicles tracking digital assets.

💀 Ubisoft's 'Champions Tactics' NFT Game Is Coming to Animoca's 'Mocaverse' Crypto gaming company Animoca Brands is adding Ubisoft’s upcoming NFT game Champions Tactics: Grimoria Chronicles to its Web3 Frequent Player Program, Animoca Brands announced Tuesday. Animoca’s Frequent Player Program is a part of its NFT Membership project called Mocaverse, where Moca ID owners can earn “Realm Points” by completing various participation-based tasks, according to the announcement.