The proposal to change Uniswap fees was rejected and does not affect the dividend proposal
According to the Snapshot governance page, the "Uniswap V3 Fees: Factory Owner Amendment" proposal initiated by Uniswap community users was not passed with a 59.89% opposition rate. The proposal aimed to introduce an amendment that would allow future changes to be made to the fee mechanism by the owner of Uniswap V3 Factory.
The host of Bemore Community, Super Jun, stated that the above proposal is not important as the crucial proposal (dividend proposal temperature test) has already been approved. There will be further on-chain proposals in the future.
"Lurker Bat," who deeply engages in Uniswap governance, mentioned that today's rejected proposal was put forward by abdullahbumar, Head of Governance at Michigan Blockchain University. The more radical design poses greater long-term risks for Uniswap Foundation and A16Z, creating too much uncertainty for large token holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ—US Stock Market Updates: CoreWeave, Travelers, Tesla
Bank of America Hartnett: "Still inclined toward risk aversion" in the coming weeks, as US Treasuries set a four-year record for longest inflow streak
U.S. equity funds attracted $39 billion in inflows in a single week, pushing the annualized scale toward a historic high, while U.S. Treasuries also saw capital inflows for 16 consecutive weeks. However, Bank of America strategist Hartnett warns that due to rising real yields, the performance of AI and banking stocks, and the volatility of the midterm elections, there is still a preference for risk aversion in the coming weeks.
Crypto prices
More
