Uniswap Foundation releases new proposal to allocate protocol fees to UNI token holders who have staked their tokens
The Uniswap Foundation stated in a post that the Snapshot vote for the "Activating Uniswap Protocol Governance" proposal will be released on March 1, 2024. The on-chain voting will begin on March 8, 2024. The proposal suggests upgrading the protocol to reward UNI token holders who delegate and stake their tokens with a fee mechanism. Proposed changes include:
1. Upgrading Uniswap protocol governance to enable permissionless and programmatic collection of protocol fees;
2. Distributing any protocol fees proportionally to UNI token holders who have staked and delegated their voting rights;
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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