• Tue. Nov 26th, 2024

Uniswap Foundation Delays Fee Switch Vote

May 31, 2024

On a day filled with uncertainty, the Uniswap Foundation announced it was delaying a key vote to upgrade the protocol’s governance structure.

Last week, the Foundation anticipated that a vote would take place today to upgrade the Uniswap protocol so that its fee mechanism can reward UNI token holders who have staked and delegated their tokens.

That vote has been postponed – and one of the oldest sagas in DeFi drags on.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


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[Source: TheDefiant]

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