Uniswap's "Activate Uniswap Protocol Governance" proposal has been passed for the first time and will be voted on on the chain

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Cointime2024/03/07 00:00

By:Cointime

On March 7th, the "Activate Uniswap Protocol Governance" proposal vote has been passed for the first time, according to information on the Snapshot page. According to the schedule, the on-chain voting for this proposal will be released on March 8th.

Previously, the Uniswap Foundation released a "Temperature Check Proposal to Activate Uniswap Protocol Governance". 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 rights;

3. Allowing governance to continue controlling core parameters: which pools require fees, and the size of those 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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