Curve DAO Token

Uniswap

DeFi

Foundation

Change

<ul class="news-points"> 
 <li><strong>UNI was overbought but high volatility and buying pressure could push the price toward $15.</strong></li> 
 <li><strong>CRV formed a bullish divergence, indicating a possible rise to $0.80.</strong></li> 
 <li><strong>AAVE might climb to $110 in the short term as the 9 EMA flipped the 20 EMA.</strong></li> 
</ul> 
<p>Cryptocurrencies with DeFi fundamentals including <a href="https://coinedition.com/uniswap-announces-the-deployment-of-v2-on-six-new-blockchains/">Uniswap (UNI)</a>, <a href="https://coinedition.com/crv-price-eyes-another-move-as-curve-finance-raises-disclaimer/">Curve DAO Token (CRV)</a>, and <a href="https://coinedition.com/will-inj-and-aave-navigate-market-volatility-to-emerge-as-top-performers/" target="_blank" rel="noreferrer noopener">Aave (AAVE)</a> registered mind-blogging price jumps on February 23. This pump occurred because the Uniswap Foundation announced a major proposal to its fee structure.</p> 
<p>According to Uniswap, its governance lead, Eric Koen, proposed upgrading the UNI reward system. The proposal noted that stakers and delegators should have access to UNI rewards.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f508.png" alt="🔈" class="wp-smiley" style="height: 1em; max-height: 1em;"> New Governance Proposal Posted <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f508.png" alt="🔈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>UF Governance Lead <a href="https://twitter.com/eek637?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@eek637</a> just posted a proposal to upgrade Uniswap Protocol's governance system. Specifically, this upgrade would reward UNI holders who have staked and delegated their tokens.</p>— Uniswap Foundation (@UniswapFND) <a href="https://twitter.com/UniswapFND/status/1761029569983971567?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>In a different post on X, Koen <a href="https://twitter.com/eek637/status/1761029351263318151" target="_blank" rel="nofollow">explained</a> that the large-scale upgrade, if approved, could improve the protocol’s decentralization. He also mentioned that it was important to take the step so Uniswap could maintain i…</p>
<p>The post <a href="https://coinedition.com/top-defi-tokens-skyrocket-as-uniswap-proposes-significant-change/">Top DeFi Tokens Skyrocket as Uniswap Proposes Significant Change</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Top DeFi Tokens Skyrocket as Uniswap Proposes Significant Change

Coin Edition

Other articles published on Feb 24, 2024

Rebel Satoshi ($RBLZ) Aims To Outperform Dogecoin (DOGE) Amid Growing Adoption For The Memecoin

Renowned writer Robert Kiyosaki’s Bitcoin crash plan

Cardano Founder’s Response to Vitalik Buterin’s MMA Fight Proposal

The Enigma of LockBit, The World’s Leading Ransomware Syndicate

Supermoon and Cointelegraph to Host Landmark Event at the Historic Clock Tower | ETH Denver 2024

Analysts watching XRP, VeChain, and NuggetRush

Join our free newsletter for daily crypto updates!