Uniswap 'Fee Switch' Proposal Gains Traction with Over 99% Approval
A proposal regarding Uniswap's tokenomics is gaining traction. According to reports, the "UNIfication" proposal has surpassed the required quorum, with over 69 million UNI tokens voting in favor. The proposal, which involves a 'fee switch', has received approximately 99% approval from voters as of Monday, according to reports. The development suggests a significant shift in the protocol's fee structure, pending finalization and implementation.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.