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Don't remind me again today

The "UNIfication" governance proposal of a leading DEX just exploded in the Snapshot voting - over 63 million UNI voted in favor, and the approval rate is simply crushing.



What is this proposal for? Simply put, it’s about integrating the DEX Labs and the foundation into a unified governance framework, while also activating the protocol-level fee mechanism. It sounds like they are serious about it.

What is the current progress? There are reports of a Cantina project worth 15.5 million dollars in progress. However, how it will be implemented later will depend on the actions of the community.

If this operation is successful, it could lead to a significant transformation in the governance model of the entire DEX ecosystem. The protocol has started charging fees, so how the money is divided and who has the final say will all need to be re-evaluated.
UNI-8.14%
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liquidation_watchervip
· 11-30 14:03
63 million UNI passed through, this move really dares to play. Once the charging mechanism is activated, it depends on how the distribution is done later. --- UNIfication sounds amazing, whether it can keep up with the actual implementation is another story. Anyway, let's wait and see the progress on the Cantina side. --- The merger governance framework is clever, but I don't know if the small retail investors will still have a say afterwards. --- 63 million voted in favor, the community consensus is really solid now, it just depends on how the protocol charging part is played without flipping over. --- If this really gets done this time, the gameplay of the DEX ecosystem will have to change completely, it feels a bit exciting. --- Once the protocol-level charging goes live, those vampire market makers will cry. --- The voting pass rate is so outrageous, it must mean a lot of people didn't vote against it, it's a bit strange. --- Cantina project at 15.5 million dollars at this level? It feels like they might have to burn more money to improve it later. --- The unified governance framework sounds simple, but coordinating these interests must be very complicated. --- The protocol has started charging, the value imagination space for UNI has arrived, but the premise is that this money can really be used effectively.
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SignatureAnxietyvip
· 11-28 22:07
The voting power of 63 million UNI is really a bit scary. --- Regarding the protocol fees, it feels like a trap is coming; let's not have another power game at that time. --- What can the 15.5 million dollars from Cantina do? It's concerning. --- The unified governance framework sounds good, but I'm afraid it will turn out to be a castle in the air. Where's the implementation? --- Wow, this approval rate feels like the UNI holders have either been brainwashed or genuinely have faith in it. --- The protocol has started to play people for suckers, we need to keep an eye on how they're spending money. --- I don't know why, but it feels like the more it changes, the more complicated it gets, in the end, it's still the large investors who call the shots. --- If this round of reforms really happens, the DEX landscape will be reshuffled. I'm a bit excited and a bit anxious. --- Consolidating power and calling it governance is an old trick. --- The key question is, where is the support for the token value theory after fees? Has anyone thought about that?
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SeeYouInFourYearsvip
· 11-27 20:33
63 million UNI get dumped directly, this thing is really without suspense. Once the charging mechanism starts, the big cake-sharing drama will begin. Will the 15.5 million from Cantina go down the drain? Just wait and see. The era of protocol wealth accumulation has arrived, and retail investors are going to be played people for suckers again. What happened to the promised decentralization? It's still the large investors who have the final say.
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BearMarketSagevip
· 11-27 15:38
60 million UNI getting dumped really shows they are determined, this time the protocol fees are really happening. --- Another round of power reshuffling, it seems DEXs are also starting to figure out how to make money. --- The Cantina project with 15.5 million USD, just by the sound of it, you know this isn't a small move, just waiting to see who takes the big share. --- A unified governance framework sounds simple, but implementing it is another story, I bet 5 bucks the community will argue for half a year. --- I see the activation of protocol-level fees as questionable, after all, DEXs rely on zero fees to attract users.
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ChainSpyvip
· 11-27 15:38
63 million UNI get dumped, this time it's really time to take action The protocol fees will depend on how the distribution is handled later, otherwise it will just be another power struggle The 15.5 million Cantina project, let's wait and see if it can really be realized or not This operation of UNI seems to be reshaping the entire DEX ecosystem's gameplay, quite interesting To be honest, unified governance sounds good, but I'm afraid that once the money is in place, it will become even more chaotic
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RektDetectivevip
· 11-27 15:38
63 million UNI get dumped, the voting intensity is indeed exaggerated, it seems the community really buys into this The protocol fees thing, to put it nicely, is about regulation, but to be blunt, it depends on who holds the power behind the scenes 15.5 million Cantina project... feels like another power game If this is really implemented, small retail investors are likely to become mere spectators again This governance framework is unified, will it actually become more centralized? A bit worried about that This UNI vote feels like it's paving the way for the subsequent fee system Wait, has the dividend rule for the protocol fees come out? This part is crucial.
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hodl_therapistvip
· 11-27 15:36
63 million UNI has been crushed through, and it's really time to start charging. Holders, get ready for your Wallet to slim down.
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DarkPoolWatchervip
· 11-27 15:19
63 million UNI directly get dumped, this voting rate is incredibly outrageous. Speaking of which, if they really start charging fees, is Uniswap trying to learn from Curve? At that time, the fee distribution will definitely become a lot of controversy again. Cantina's 15.5 million feels like it's just for patching up holes later, a bit like robbing Peter to pay Paul. Regarding the activation of protocol fees, ordinary LPs need to think about whether it's worth it. Once this unified framework comes out, should other DEXs be worried? The participation of UNI holders in this vote is pretty good, which shows that everyone is still concerned about this matter.
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RugPullSurvivorvip
· 11-27 15:17
63 million UNI passed unanimously, this voting rate is outrageous, isn't it a bit too smooth? --- The protocol fee part is the key, the real test of power distribution has arrived. --- UNIfication sounds like it's aiming for a grand unification, let's wait and see how Cantina lands later. --- After a pile of money pours in, whether the community can hold on is the key; we don't want it to become someone's private property again. --- To be honest, the overwhelming approval of 63 million tokens is a bit scary; how many big players are pushing this behind the scenes? --- Governance framework merger + fee activation, this time the game rules really have to change, I'm a bit excited. --- What's going on with the 15.5 million dollar Cantina project, there's still no news?
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LayerZeroHerovip
· 11-27 15:12
63 million UNI overwhelmingly approved? The intensity of this structural adjustment is indeed significant, and the funding distribution logic after the activation of protocol-level fees needs to be carefully verified.
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