As of February 23, Uniswap front-end transaction fees exceeded $8 million
According to DefiLlama data, as of February 23, Uniswap's frontend transaction fees (revenue) reached $8.05 million.
Earlier, the Uniswap Foundation posted on the X platform that Erin Koen, the governance leader of the foundation, released a new proposal "Activating Uniswap Protocol Governance". Its Snapshot vote will start on March 1, 2024, and on-chain voting will begin on March 8, 2024. The proposal suggests upgrading the protocol to reward UNI token holders who delegate and stake their tokens with a fee mechanism. Proposed changes include:
1. Upgrade Uniswap protocol governance to enable permissionless and programmatic collection of protocol fees;
2. Distribute any protocol fees proportionally to UNI token holders who have staked and delegated their voting rights;
3. Allow governance to continue controlling core parameters: which pools require fees and the size of the fees.
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.
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