Uniswap’s second governance proposal, focused on retroactively airdropping UNI tokens to users, failed to pass following the voting period’s closure on October 31. 

• The proposal put up for vote the decision to retroactively airdrop 400 UNI to users who accessed Uniswap via third party applications like MyEtherWallet
• 37,555,068 UNI was staked in favor of the proposal, but it fell short of the 40 million UNI quorum value
• The proposal looked likely to succeed in the closing hours of the voting period, which was initiated by Dharma
• Uniswap’s first governance proposal, which focused on lowering the quorum value, also failed because it missed the threshold
• If the proposal had passed, 12,619 accounts on platforms including Dharma, Argent and MyEtherWallet would have received the airdropped tokens
• Criticism of the second vote centered around the devaluation of the UNI token, while supporters argued that third party users had been left out of the airdrop which followed the token’s launch