Uniswap Foundation Postpones Vote for Staking and Delegation Rewards
The Uniswap Foundation, which oversees the decentralized exchange Uniswap, decided to postpone the scheduled vote for staking and delegation rewards on Friday.
The reason for the delay was that a stakeholder raised concerns to the Foundation, which required more attention. The announcement of the postponement caused the price of UNI to drop.
Last week, the Foundation had announced that the first proposal to activate Uniswap Protocol Governance would be put forward today on the blockchain.
However, the stakeholder’s concerns prompted the Foundation to postpone the vote in order to thoroughly review the issue.
The proposed upgrade is a very important and sensitive decision, so the Foundation wants to ensure they have thoroughly vetted all concerns before proceeding.
The Foundation understands that this delay was unexpected and apologizes to the community for any inconvenience.
