Summary
TLDR: The Uniswap Foundation is proposing an upgrade to the Uniswap Protocol Governance to reward UNI token holders with protocol fees. The proposal aims to increase resilience and decentralization of Uniswap Governance. If approved, this upgrade will incentivize delegation for UNI token stakers and create a more resilient governance system. The proposal is likely to succeed due to the Foundation’s support and research efforts.
Key Points
1. The Uniswap Foundation is proposing an upgrade to the Uniswap Protocol Governance to reward UNI token holders with protocol fees.
2. After the announcement of the proposal, the price of Uniswap’s native token (UNI) surged by over 40% in less than an hour.
3. The upgrade is aimed at increasing the resilience and decentralization of Uniswap Governance, with the goal of incentivizing active and thoughtful delegation among UNI token stakers.