The proposal to "Activate Uniswap Protocol Governance" has been approved, with UNI's 24-hour increase at 17.39%

Bitget market data shows that UNI has increased by 17.39% in the past 24 hours, currently priced at $15.35. According to information on the Snapshot page, Uniswap's proposal for "Activating Uniswap Protocol Governance" has been passed for the first time. As per schedule, this proposal will be put up for on-chain voting on March 8th.

Earlier news reported that the Uniswap Foundation had released a temperature check proposal to "Activate Uniswap Protocol Governance". The proposal suggests upgrading the protocol with proposed changes including: 1. Upgrading Uniswap protocol governance to allow fee collection without permission and programmatically; 2. Distributing any protocol fees proportionally among UNI token holders who have staked and delegated their voting rights; 3. Allowing governance to continue controlling core parameters: which pools need to pay fees and how much those fees should be.