CryptoIntelligence
2024-06-02 03:00:16

Uniswap Foundation Postpones Highly Anticipated Vote on UNI Staking and Delegation Rewards

The Uniswap Foundation, which oversees the decentralized exchange Uniswap, has postponed the much-anticipated May 31 vote on UNI staking and delegation rewards. The postponement was announced on X, attributing the delay to concerns raised by a stakeholder. This prompted a more thorough review and examination of the proposal, leading to a delay in the decision-making process. The vote was intended to move the decentralized exchange closer to activating its “fee switch” and provide incentives to UNI tokenholders who staked and delegated their tokens. Erin Koen, the lead official overseeing the Uniswap DAO governance forum, stated in an announcement on the

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