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๐Ÿš€๐Ÿ”ฎ Uniswap Foundation's much-anticipated vote on UNI staking and delegation rewards has been postponed. Why? A stakeholder raised concerns, triggering a more thorough review. The goal? To get closer to activating the "fee switch" and incentivize UNI token holders. ๐Ÿ•ต๏ธโ€โ™€๏ธ Erin Koen, the lead official, emphasized the need for rigorous vetting due to the proposal's sensitive nature. Meanwhile, Dan Robinson from Paradigm criticized the delay, accusing Uniswap of yielding to pressure from an unnamed VC firm. ๐Ÿค”Ironically, this delay has sparked a debate on the idea of decentralized governance. Is the influence of the unnamed VC firm undermining the decentralized values? ๐Ÿ—ณ๏ธ The latest proposal, introduced in February, has gained community support. UNI holders were all set to delegate their tokens for the May 31 vote. ๐Ÿ’ฐUniswap Foundation recently disclosed holding $41.41 million in fiat and stablecoins and 730,000 tokens. What's your take on this? Is the delay a prudent move or a setback? Let's discuss in the comments! #DeFi #Web3 #Uniswap ๐Ÿš€๐Ÿ”ฎ

๐Ÿš€๐Ÿ”ฎ Uniswap Foundation's much-anticipated vote on UNI staking and delegation rewards has been postponed. Why? A stakeholder raised concerns, triggering a more thorough review. The goal? To get closer to activating the "fee switch" and incentivize UNI token holders.

๐Ÿ•ต๏ธโ€โ™€๏ธ Erin Koen, the lead official, emphasized the need for rigorous vetting due to the proposal's sensitive nature. Meanwhile, Dan Robinson from Paradigm criticized the delay, accusing Uniswap of yielding to pressure from an unnamed VC firm.

๐Ÿค”Ironically, this delay has sparked a debate on the idea of decentralized governance. Is the influence of the unnamed VC firm undermining the decentralized values?

๐Ÿ—ณ๏ธ The latest proposal, introduced in February, has gained community support. UNI holders were all set to delegate their tokens for the May 31 vote.

๐Ÿ’ฐUniswap Foundation recently disclosed holding $41.41 million in fiat and stablecoins and 730,000 tokens.

What's your take on this? Is the delay a prudent move or a setback? Let's discuss in the comments! #DeFi #Web3 #Uniswap ๐Ÿš€๐Ÿ”ฎ

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