The Uniswap Foundation plans to launch an on-chain vote at the end of this month to reward UNI holders who have staked and delegated tokens
The Uniswap Foundation announced on the X platform that it will launch on-chain voting on May 31 to upgrade the protocol so that its fee mechanism can reward UNI token holders who have staked and delegated their tokens. Users who participate in this proposal must delegate UNI to themselves or a third party before the start of the vote.
It is reported that if you hold UNI but do not delegate it in time, you will not be able to vote. If the vote is passed, it will propose to further simplify the fee setting process, improve efficiency, reduce governance burdens, and maintain neutrality. In addition, the contract has passed three audits and no major issues have been found. The code library covers a $1 million bug bounty program.
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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