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Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval

Uniswap's reward sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.

By Krisztian Sandor|Edited by Stephen Alpher
Updated Mar 8, 2024, 10:47 p.m. Published Mar 6, 2024, 5:44 p.m.
UNI price more than doubled since the plan for the revenue sharing mechanism became public on Feb. 23 (CoinDesk)
UNI price more than doubled since the plan for the revenue sharing mechanism became public on Feb. 23 (CoinDesk)