Uniswap's $UNI token price surged nearly 50% following a proposal by the Uniswap Foundation to boost governance and reward UNI holders. The plan, aimed at enhancing governance resilience and decentralization, proposes rewarding staked and delegated token holders. This marks a strategic pivot from prior approaches, focusing on leveraging Uniswap's technical and financial resources more effectively amidst growing competition and liquidity fragmentation. The initiative contrasts with last year's rejected fee activation proposal, offering a new method for fee collection and distribution to engaged UNI holders. With Uniswap v4's launch on the horizon, post-Ethereum's Dencun upgrade, the community's response could shape the platform's governance and economic model significantly.
