UNISWAP Foundation tokens to vote through temperature inspection

Author: James Hunt, The Block; Compilation: Deng Tong, Bitchain Vision Realm

  • The UNISWAP Foundation’s proposal on changing the UNISWAP community governance has been voted by temperature check -100% in favor.

  • The proposal includes changes to the agreement cost mechanism. Users who reward and pledge UNI token will now vote on the chain.

The UNISWAP Foundation proposes to modify the governance of the popular decentralized exchange Uniswap, including changing its cost mechanism to reward users who entrust and pledge their tokens on the platform. The proposal has passed the temperature check.

Temperature inspection voting is a snapshot poll, aiming to measure the preliminary emotions of the Uniswap community for the promotion of the proposal. Starting on March 1, it is supported by 100% of the representatives.The UNISWAP Foundation will vote on the chain on March 7.

The UNISWAP Foundation wrote in the proposal: “We are glad to motivate governance by linking authorization and agreement costs, not only inspiring authorization, but also inspiring thoughts and active authorization.” “Specifically, we believe that UNI token holdsThe person will have the power selection representative, and the participation of their voting and agreement will lead to the development and success of the agreement.

If the vote on the chain is successful, the community will choose to open the fee so that the UniSWAP protocol can automatically collect the cost and distribute it to the UNI token holder of the voting, and allow the settings related to governance control costs.The UNISWAP Foundation added: “ImmuneFi vulnerability bounty will take effect before the end of the successful chain.”

After the proposal was introduced, the price of the Uniswap tokens soared

After the proposal was announced on February 23, the prices of the UNISWAP native currency immediately soared more than 50% to about $ 11.40.At the time of writing Wenwen, its transaction price was $ 15.73 -rose by about 14%in the past 24 hours, and it was 45%over 2019.The past week and last month were 165%.

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