UNI Pumps 38% After Introducing Token-Friendly Proposals
The native token behind Uniswap rose more than 38% after the Uniswap Foundation and Uniswap Labs presented a proposal to make holding the token more attractive to investors. Potential changes outlined in the “UNIfication” proposal include enabling a protocol-level fee mechanism to burn Uniswap (UNI) tokens and creating a discounted protocol fee auction system to…