Frax Finance Examines Uniswap-like Reward Mechanism for Token Stakers

Last week, Uniswap proposed to reward UNI token holders who stake and delegate their staked tokens with a portion of DEX fee revenue. UNI is Uniswap’s native governance token. The cryptocurrency community welcomed this proposal, sending UNI 60% higher. Several other DeFi tokens, including COMP, AAVE, and SUHI, have also witnessed an increase in value.