Uniswap’s UNI Token Surges 60% on Proposal to Revamp Governance and Reward Holders

Uniswap’s governance token, UNI, experienced a significant surge of up to 60% following a proposal to overhaul the protocol’s decision-making framework. The proposal, put forth by Erin Koen, the governance lead at Uniswap Foundation, aims to revitalize and strengthen the governance structure of the decentralized exchange platform. According to Koen’s proposal, the upgrade would involve …

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