UNI Surges After “Fee Switch” Vote is Proposed
Uniswap’s UNI token jumped over 7% on Dec. 2 after a governance proposal calling for a vote to reserve a portion of trading fees was posted. the post on Uniswap’s governance forum doesn’t explicitly specify a plan for what will happen to the retained fees. Of course, that’s not stopping people from buying UNI — DeFi enthusiasts have long speculated that holders of the UNI token will one day be eligible to receive some portion of the fees charged on Uniswap trades — with the token pumping, it’s clear that at least some investors believe the proposal is a step towards providing some sort of yield to UNI holders. regulatory concerns associated with sharing protocol revenue with UNI holders.
@Uniswap_PancakeSwap
