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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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