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Uniswap to Give More Rewards to UNI Stakers if Proposal Passes

Leading decentralized exchange Uniswap has boosted the price of its native UNI token with a new initiative.

On February 23, a proposal was revealed that created an immediate impact on the price of UNI:

71% increase: the price rose from $7 to $12 in a matter of hours.

The Proposal

Details not available: Full information about the initiative has not yet been made public.

Expectation: The community anticipates a significant change to the Uniswap protocol.

Market Impact

Renewed Interest: The proposal has generated a lot of interest in the crypto community.

Volatility: The price of UNI is expected to remain volatile until more details are released.