The Uniswap Community rejects the University of V3 fees, the university price drops

• Uniswap-Community rejects the fee proposal: Uni-token-Prize decreases by 7 %.
• approximately 60 % of the voters voted against the proposal and thus signaled a careful handling of the government.
• The rejection of the proposal underlines the complexity of decentralized platforms such as uniswap.

On March 9, the Uniswap (Uni) Prize, despite positive market dynamics, recorded a significant decline after the community rejected the University of V3.

The proposal, the vote of which started on March 3, aimed to change the role of the owner of the Uniswap V3 Factory when determining the fees and to emphasize the complex dynamics of decentralized governance within the uniswap ecosystem.

voting result for the University V3 fee proposal

The rejection of the University of V3 fee proposal with 30 million uni-new (59.89 %) illustrates the different perspectives within the uniswap community in relation to governance and protocol changes.

Despite the arguments for more flexibility and adaptability to the market conditions, the interests showed a preference for maintaining the existing fee structure.

effects on the decentralized governance of uniswap

The decision to maintain the current fee mechanism underlines the careful keeping of the uniswap community compared to changes in the protocol.

While a decentralized governance promotes the inclusiveness and participation of the community, the achievement of consensus and compromises for meaningful changes remains of crucial importance.

The rejection of the fee proposal underlines the complexity that inherent decentralized platforms such as uniswap, where transparent communication and community consensus determine decision-making processes.

price reaction from Uniswap (uni).

After rejection, the university token recorded a price drop of 7 %, which indicates a reaction of investors to the result of the vote.

Despite this setback, uniswap recorded significant growth in the last week and last month, which reflects the ongoing interest and growth in the ecosystem. The university token has increased by 17 % in the last week and 120 % last month.