Uniswap’s UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
Uniswap’s reward-sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.
$12.81
1H
-0.11%$0.0141
24H
3.71%$0.4582
7D
12.6%$1.43
30D
19.0%$2.04
Since its inception, the Uniswap Protocol (”Uniswap”) has served as trustless and highly decentralized financial infrastructure. Having proven product-market fit for highly decentralized financial infrastructure with a platform that has thrived independently, Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.
Uniswap’s reward-sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.
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