Uniswap’s UNI jumps 80% on proposal to reward token holders

Uniswap’s UNI jumps 80% on proposal to reward token holders

Uniswap’s governance token UNI gained 80% after a proposal by a key Uniswap Foundation leader to overhaul the protocol’s decision-making.

The proposal would distribute protocol fees among UNI holders who stake and delegate tokens to rejuvenate the protocol’s decision-making.