UniSwap Soars 24% as Community Votes to Extend UNI Reward Program

The upside move appeared after the UniSwap community put forward a governance proposal that would extend their UNI reward program for liquidity providers. Source: DeFi Pulse UniSwap Total Value Locked shows signs of a rebound.

Source: DeFi Pulse That prompted the UniSwap community to launch a rival yield farming reward. “Uniswap pools had more liquidity than needed to facilitate trading, and the excess liquidity left once UNI farming ended,” he said.

Timeline of Uni-coin, Uniswap