AUVC August Report
In August, the AUVC participated in 91 votes, with no incorrect votes for the month. During our current 3 month term, we have only 1 incorrect vote. In the month of August we increased our correctness percentage from 98.48% to 98.65%. Our current funding will run out by September 3rd and we currently have our renewal vote up on snapshot with only 2 days left to vote. This is the second vote, the first did not meet quorum. We must reach 12MM+ quorum for an action to take place. A “For” vote is to remove the delegation and unstake and dissolve the AUVC. An “Against” vote will allow us to continue on for approximately 3 more months. [Vote Here](https://snapshot.box/#/s:acrossprotocol.eth/proposal/0x9ff56a19df3715d80b536a73f868937dedc5d7c8a32079a8a68c713e941fbea0)
With our 91 votes in August, the AUVC has now participated in a total of 815 votes, achieving 804 correct votes and maintaining an overall correctness rate of 98.48%. Our team’s correctness is on an upward trend, having surpassed the 98% correctness mark at the beginning of June.
The DAO now holds 2,455,000 UMA from 2,000,000 last December. We are interested in exploring options for how to use this UMA to benefit Across and UMA.