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Zhu Su: UNI’s proposal to distribute protocol fees opens a new era of value accumulation token economy, and DYDX is expected to follow soon

Zhu Su: UNI’s proposal to distribute protocol fees opens a new era of value accumulation token economy, and DYDX is expected to follow soon

CointimeCointime2024/02/24 09:25
By:Cointime

Zhu Su posted on social media that the UNI fee conversion is an important moment for DeFi, not only because of the immediate impact it will have, but also because it signifies the start of a new era in value-accumulating token economics. It is expected that DYDX will follow suit soon, and all other projects will do the same.

Previously reported by BlockBeats, the new Uniswap proposal "Activating Uniswap Protocol Governance" proposes to allow any protocol fees to be proportionally distributed to UNI token holders who have staked and delegated their voting rights.

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