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UNI Holders Hold Their Breath

Is the UNI fee switch finally almost here?
UNI Holders Hold Their Breath
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Amidst a down day for broader crypto markets, one DeFi token has exploded! What catalyst has driven massive gains for UNI holders?

This morning, a proposal hit Uniswap’s governance forum asking token holders to yet again consider approving the fee switch, a long-requested feature that would bring utility to the UNI by allowing holders who stake and delegate their tokens to earn yield for doing so.

🧵 Biggest week in Uniswap Protocol Governance... ever?

I just proposed a large-scale upgrade to the system. Specifically, I believe we should upgrade the protocol so that its fee mechanism rewards UNI token holders that have staked and delegated their tokens. 🦄

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Jack Inabinet

Written by Jack Inabinet

498 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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