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Uniswap’s UNI Jumps 60% on Proposal to Reward Token Holders in Major Governance Overhaul

26 February 2024
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Koen’s proposal is a major improvement for the biggest decentralized trade by buying and selling quantity, marking a departure from final 12 months’s initiative to reward token holders with accrued charges. Final June, the Uniswap group turned down a proposal that will have switched on charges for lots of the trade’s liquidity swimming pools and distributed part of the income amongst token holders. In an October transfer, the trade began to cost a 0.15% charge on crypto swaps involving ETH, USDC and different tokens initiated on the protocol’s interface.



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Tags: GovernanceHoldersJumpsMajorOverhaulProposalRewardtokenUNIUniswaps
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