Cryptocurrency Q&A
Is uni a governance token?
Is uni a governance token?
Elena
Tue Nov 19 2024
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5 answers
904
I am exploring the crypto world and came across the term 'uni'. I am curious to know if UNI functions as a governance token, allowing holders to participate in decision-making processes within its ecosystem.
5 answers
CosmicDream
Thu Nov 21 2024
Voting rights extend to decisions on how newly minted tokens should be allocated.
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CherryBlossomPetal
Thu Nov 21 2024
This includes determining the distribution to both the community and developers.
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emma_carter_doctor
Thu Nov 21 2024
Additionally, UNI holders can vote on potential changes to the fee structures within Uniswap.
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Eleonora
Thu Nov 21 2024
UNI, the native token of Uniswap, holds a unique position as a governance token.
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TaekwondoMasterStrength
Thu Nov 21 2024
Holders of UNI are entitled to participate in voting processes related to the platform's evolution.
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