The Uniswap protocol fee distribution proposal ignites the market, analysis of future trends
wublock.substack.com
Author: defioasis On the evening of February 23, Uniswap Foundation’s Gov Lead, Erin Koen, proposed to the Uniswap governance forum, suggesting the use of a fee mechanism to reward UNI token holders who have delegated and staked their tokens. Since Uniswap announced the token airdrop in late September 2020, there has been ongoing discussion about whether UNI should capture protocol fees to increase token utility, but almost all have fizzled out. This proposal by the head of the Uniswap Foundation formally brings the discussion of UNI token utility to the governance level, thereby causing a frenzy among holders and driving up the price of UNI and other DeFi protocol tokens.
The Uniswap protocol fee distribution proposal ignites the market, analysis of future trends
The Uniswap protocol fee distribution…
The Uniswap protocol fee distribution proposal ignites the market, analysis of future trends
Author: defioasis On the evening of February 23, Uniswap Foundation’s Gov Lead, Erin Koen, proposed to the Uniswap governance forum, suggesting the use of a fee mechanism to reward UNI token holders who have delegated and staked their tokens. Since Uniswap announced the token airdrop in late September 2020, there has been ongoing discussion about whether UNI should capture protocol fees to increase token utility, but almost all have fizzled out. This proposal by the head of the Uniswap Foundation formally brings the discussion of UNI token utility to the governance level, thereby causing a frenzy among holders and driving up the price of UNI and other DeFi protocol tokens.