Uniswap Foundation: New proposal intends to distribute any protocol fees to staked UNI token holders

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Cointime2024/02/23 14:27

By:Cointime

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.

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