Uniswap DAO Proposes Recalling 12.5M UNI Tokens Valued at $42M

UNI3.22%
Uniswap DAO is considering a proposal to recall 12.5 million UNI tokens, valued at approximately $42 million, that were previously lent to the Uniswap Foundation and governance delegates in 2022 and 2023. The proposer argues that while the lent tokens initially helped stimulate governance participation, the ecosystem has since become sufficiently active. Recalling the tokens could create a healthier governance structure by better aligning voting power with economic risk.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments