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UNI breaks through two-year high! Is there any chance of profit sharing proposal? 44 million votes 100% in favor

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2024-03-07 10:40:07329browse

UNI breaks through two-year high! Is there any chance of profit sharing proposal? 44 million votes 100% in favor

Uniswap governance tokens have a single-day increase of nearly 16% today, and have increased by as much as 147% in the past 30 days. This round of gains was mainly due to the discussion on the Uniswap governance forum about code updates related to granting profit-sharing rights to UNI tokens, which aroused many people's expectations for UNI's profit-sharing. By the early morning of March 7, the vote that was still going on was expected to have an extremely high chance of passing.

UNI profit sharing proposal

There are two new contracts V3FactoryOwner.sol94 and UniStaker.sol98 that will be online:

  • V3FactoryOwner.sol can be used without permission Collects protocol fees and includes a mechanism to convert these fees into universal ERC20s for distribution to UNI stakers

  • UniStaker.sol is responsible for managing delegation and fee distribution

The current expected payment method is WETH, but it has not been finalized.

What is the problem?

  • The original liquidity provider (LP) objected because the pledger did not provide liquidity help, but came to share the benefits

  • American company If the UNI token launched by Uniswap Labs has a profit sharing function, it may be regarded as a security

Current proposal votes: 44 million votes 100% in favor

to 3/ 7 The voting that ended at 2:30 a.m. currently has 44 million votes in favor; judging from past approval cases, 20 million to 50 million votes is the threshold. If there are no surprises, victory should be guaranteed.

UNI breaks through two-year high! Is there any chance of profit sharing proposal? 44 million votes 100% in favor

The possibility of killing Cheng Yaojin?

Because the venture capital companies that invest in Uniswap have a large number of voting rights, there have been cases of reversal before the end of the vote in the past.

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