Summary
TLDR: The Uniswap Foundation has proposed a new governance structure that rewards UNI token holders for active participation. This has led to a 60% increase in UNI token price. The proposal aims to enhance delegate engagement and ensure long-term sustainability of the protocol. The technical backbone involves deploying new smart contracts for fee collection and distribution. The proposal is set for a vote in March and has already seen increased delegate activity and community-driven initiatives.
Key Points
1. The Uniswap Foundation has introduced a proposal to enhance the governance structure, rewarding UNI token holders for active participation.
2. The proposal has led to a significant surge in the price of UNI tokens, increasing by 60% in response to the announcement.
3. The proposal includes the deployment of new smart contracts to enable the collection and distribution of protocol fees, with a scheduled vote set for March 1.