ChainCatcher message, the Unichain white paper states that to become a validator in UVN, node operators must stake UNI tokens on the Ethereum mainnet. The staking status is tracked in Unichain's smart contract, which receives notifications of staking and withdrawal operations through a native bridge. Unichain's blocks are divided into fixed-length Epochs. At the beginning of each Epoch, the current staked balance is snapshot, and Unichain chain fees are collected and calculated for the reward value of each staked token.Participants can also stake and vote for validators, thereby increasing the staking weight of that validator. A limited number of validators with the highest staking weight will be considered the active set and will be eligible to publish proofs and receive the designated rewards for that Epoch.

ChainCatcher news, according to @ai_9684xtpa's monitoring, early investors of Uniswap ($UNI) are suspected of selling approximately $8.01 million worth of UNI tokens again. An hour ago, this address deposited 1.19 million UNI into Coinbase.In the past four days, this address has transferred a total of 2.49 million tokens to exchanges, with a total value of approximately $17.01 million. Notably, this address had been dormant for over four years and previously received 9 million UNI from the project team before the Uniswap token was launched.

ChainCatcher news, the crypto data analysis firm Santiment released data on the X platform regarding "the percentage of total supply held by the 10 largest wallets currently holding some of the most mainstream altcoins," as follows:MATIC: 69.4%SHIB: 61.2%UNI: 50.8%PEPE: 46.1%ETH: 44.0%USDT: 33.1%LINK: 31.1%TON: 27.5%DAI: 24.5%USDC: 19.0%Santiment stated that several factors can influence whether the holdings of assets in whale wallet addresses are highly concentrated or low. For example, early adopters or insiders of a project may hold a large amount of funds, leading to high concentration (such as TON). Alternatively, the token may be heavily used for staking or governance, requiring validators to hold a large amount of tokens (as is the case with Ethereum and its ETH 2.0 deposit contract, which currently holds 35.4% of the supply). Additionally, tokens that are widely distributed through airdrops or community rewards may have a more decentralized distribution (such as Arbitrum).

ChainCatcher news, according to the information on the Snapshot page, the Uniswap "Activate Uniswap Protocol Governance" proposal vote has been initially passed. According to the schedule, the on-chain voting for this proposal will be released on March 8.If the on-chain vote passes, the community will have the option to enable fees, allowing the Uniswap protocol to automatically collect fees and distribute them to voting UNI token holders, while letting governance control the settings related to fees.Previously, the Uniswap Foundation released a temperature check proposal for "Activating Uniswap Protocol Governance." This proposal suggests upgrading the protocol, with proposed changes including: 1. Upgrading Uniswap protocol governance to enable permissionless and programmatic collection of protocol fees; 2. Proportionally distributing any protocol fees to UNI token holders who have staked and delegated their voting rights; 3. Allowing governance to continue controlling core parameters: which pools require fees and the size of those fees.

ChainCatcher news, according to RootData market data, the price of UNI token briefly surpassed 11 USD, currently reported at 10.74 USD, with a 24-hour increase of over 46%.

ChainCatcher news, the Uniswap Foundation stated that the Snapshot vote for the "Activate Uniswap Protocol Governance" proposal will be released on March 1, 2024, and the on-chain voting will be released on March 8, 2024.The proposal suggests upgrading the protocol, with proposed changes including: 1. Upgrading Uniswap protocol governance to enable permissionless and programmatic collection of protocol fees; 2. Proportionally distributing any protocol fees to UNI token holders who have staked and delegated their voting rights; 3. Allowing governance to continue controlling core parameters: which pools require fees and the size of those fees.

ChainCatcher message, the Snapshot page shows that the Uniswap community has proposed a temperature check proposal aimed at lowering the current proposal threshold (PT). The proposal suggests reducing the threshold from 2.5 million UNI tokens to 1 million UNI tokens. This move aims to expand the representative base eligible to submit on-chain proposals, thereby increasing representative participation. The proposal states that among the current group of representatives, about 33 individuals are capable of publishing proposals on-chain. Unfortunately, many entities with sufficient voting power rarely participate in the DAO forum and voting.