Uniswap DAO is voting to reclaim 12.5 million UNI tokens worth about $42 million that were loaned to delegates and the Uniswap Foundation between 2022 and 2023 to boost governance participation. With governance activity now robust and passed proposals averaging 75 million votes, the original loans are deemed unnecessary. The recall aims to address concerns about voting power misalignment, where delegates hold more voting power than their economic stake, and to reduce dominance by large holders and venture firms like a16z. The vote reflects Uniswap's evolving governance maturity and efforts to enhance decentralization and alignment among stakeholders.
Shiba Inu surged 22.8% to $0.000005, topping the altcoin gainers chart as optimism about its ecosystem expansion drives interest. Other notable increases include Avalanche (+8.1%), Venice Token (+5.8%), Canton (+5.1%), and Audiera (+4.6%), reflecting...
Uniswap has introduced its first permissioned pools on Uniswap V4 in collaboration with tokenized asset issuers to support regulated onchain trading of tokenized stocks and ETFs. This move enables compliance by restricting trading to approved wallets...
Uniswap Labs has introduced Permissioned Pools in its Uniswap v4 protocol, enabling regulated and permissioned assets like tokenized funds and equities to trade on automated market makers with compliance checks enforced at the protocol level. This ne...
Beefy Finance has introduced its Cowcentrated Liquidity Manager (CLM) on Ethereum mainnet, automating the management of concentrated liquidity positions on Uniswap V3 for top trading pairs like AAVE-WETH and UNI-WETH. The CLM pools user deposits, aut...
