Uniswap Foundation Delays Vote on Governance Upgrade and Fee Mechanism
The Uniswap Foundation has postponed a vote on upgrading the protocol's governance structure and fee mechanism to better reward UNI governance token holders. The delay was due to concerns raised by a stakeholder, thought to be an equity investor in the organization behind the largest Ethereum-based decentralized exchange. This is not the first delay to a vote on the "fee switch" that would direct a modest amount of protocol trading fees to token holders. Token holders have seemingly been at odds with other stakeholders in Uniswap, leading to concerns about their treatment as "second class" citizens.
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