TLDR Crypto · INNOVATION & LAUNCHES

UNISWAP FOUNDATION PROPOSAL SUGGESTS TURNING ON REWARDS FOR UNI TOKEN HOLDERS

theblock.co1 min read

Summary from the TLDR Crypto newsletter

Uniswap put out a proposal to modify the governance of its DEX, including adjusting the fee structure to benefit users who delegate and stake their UNI tokens. The proposal will be put to a vote on March 1, followed by an on-chain vote on March 8. This was a huge shift for Uniswap and for governance tokens in general, as very few tokens actually allow holders to participate in the revenues of the protocol. Many are speculating that this indicates positive regulatory progress in the background and could lead to more protocols choosing to include token holders in fee-sharing mechanisms.