Uniswap Foundation: New proposal intends to distribute any protocol fees to staked UNI token holders
The Uniswap Foundation announced that the Snapshot vote for the "Activate Uniswap Protocol Governance" proposal will be released on March 1, 2024, and the on-chain vote will be released on March 8, 2024. The proposal suggests upgrading the protocol, with proposed changes including:
1. Upgrading Uniswap Protocol Governance to enable permissionless and programmatic protocol fee collection;
2. Distributing any protocol fees proportionally to UNI token holders who have staked and delegated their voting power;
3. Allowing governance to continue controlling core parameters: which pools need to pay fees and the size of the fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deep Dive | September 20th
All the latest updates from the Swell ecosystem, including Swell L2 development and the launch of swBTC.
JASMY Chart Sets Up For Significant Retest That Could Launch the Altcoin Towards a Parabolic Price Pump
Louisiana introduces crypto payment options for state services
Eclipse to launch Solana-compatible Ethereum layer 2 in October