Crypto
Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
![](https://blacknewsdaily.com/wp-content/uploads/2024/02/5XICGTLFHJDHNF2DNRVJHIAHNM-780x470.jpg)
Last week, Uniswap proposed rewarding UNI token holders who stake and delegate their staked tokens with a portion of the DEX’s fee earnings. UNI is the native governance token of Uniswap. The crypto community cheered the proposal, sending UNI higher by 60%. Several other DeFi tokens, including COMP, AAVE and SUHI, also witnessed an increase in value.