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The Uniswap Foundation has delayed a crucial vote on UNI staking and delegation rewards due to concerns raised by a stakeholder. The vote would have brought the decentralized exchange closer to activating its “fee switch” and offering incentives to UNI tokenholders. The decision to postpone has drawn criticism, with some questioning the influence of venture capital firms on the decentralized governance system. The latest proposal, which aimed to address previous concerns, had garnered community support through an advisory vote earlier this year. The Foundation currently holds $41.41 million in fiat and stablecoins and 730,000 UNI tokens.

The Uniswap Foundation has delayed a crucial vote on UNI staking and delegation rewards due to concerns raised by a stakeholder. The vote would have brought the decentralized exchange closer to activating its “fee switch” and offering incentives to UNI tokenholders. The decision to postpone has drawn criticism, with some questioning the influence of venture capital firms on the decentralized governance system. The latest proposal, which aimed to address previous concerns, had garnered community support through an advisory vote earlier this year. The Foundation currently holds $41.41 million in fiat and stablecoins and 730,000 UNI tokens.

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