Uniswap (UNI) is the governance token of the decentralized exchange platform. The project received a Wells Notice in April 2024 and responded to it in May. Despite the Securities and Exchange Commission’s move, the DeFi project is moving on with its on-chain vote to lay the groundwork for automating fee collection and distribution.
Voting commences on May 31, per an official post in the Uniswap governance forum.
UNI price added 5% to its value on Saturday and sustained weekly gains of 43.27% on Binance.
