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BitcoinSistemi 2025-03-20 08:32:09

Big Change in the Well-established Altcoin! $165 Million Proposal Approved!

Big Change in the Well-established Altcoin! $165 Million Proposal Approved!

While there was an upward movement in Bitcoin and altcoins after the moderate signals from the FED, a new move of $ 165 million came from the well-established altcoin Uniswap. Uniswap (UNI) has raised $165.5 million in funding to support growth, including $95.4 million in grants and $45 million in liquidity incentives. Accordingly, the Uniswap community voted in favor of two governance proposals to enable the growth of the Unichain Layer 2 and Uniswap v4 protocols through a new grant program and other liquidity incentives. The funds, which were allocated as a result of two governance proposals approved by the Uniswap community, will be allocated to various areas. Accordingly, $95.4 million will be directed to the Uniswap Foundation’s grant budget, $45 million will be allocated for liquidity incentives, and the remaining $25.1 million will be spent on operational expenses for the next two years. The Eagerly Awaited New Fee Model! One of the most important aspects of the approved management decision was the long-awaited wage change. With the approval, a portion of the fees currently earned by the exchange will be given to UNI token holders. This change was highly anticipated by the community as previous proposals to enable the fee change were unsuccessful. The UNI price surged by up to 10% following approval of the fee-swap model, which allows token holders to earn a share of protocol fees. Uniswap open interest also increased by 17.69% to $196.96 million, reflecting the growing optimism of investors. *This is not investment advice. Continue Reading: Big Change in the Well-established Altcoin! $165 Million Proposal Approved!

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