Uniswap

Leading decentralized finance (DeFi) protocol Uniswap has introduced a <a href="https://gov.uniswap.org/t/making-protocol-fees-operational/21198" rel="noopener noreferrer nofollow">governance proposal </a>to implement a protocol fee at 1/5th of the pool fee. The proposal in question is anticipated to lead to a whopping $52 million in accumulation in 6 months as the earned fees would be exchanged for a UNI community-designated asset.
The world’s leading on-chain and financial metrics, charts, data, and insights provider for <a href="https://cryptotale.org/the-evolution-of-the-crypto-economy-and-a-brief-btc-history/" rel="noopener noreferrer nofollow">Bitcoin</a> and digital assets, Glassnode, took to Twitter to break the news:
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/dd7178f2cbac47af8946500a43f2b911.png">
Uniswap also recognized the legal and tax implications of the community. So, a subsequent plan for effective management and distribution of the treasury-generated revenue is also proposed.
Read full article at <a href="https://cryptotale.org/uniswap-introduces-a-protocol-fee-implementation-governance-proposal/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Uniswap Introduces a Protocol Fee Implementation Governance Proposal

CryptoTale

Other articles published on May 20, 2023

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