What exactly can a governance token be used for?
A proposal usually needs to reach a quorum to pass.
The purpose of a timelock is to give the community time to respond: people who disagree with a change can withdraw from the protocol before it is implemented.
$UNI is Uniswap’s governance token. Holders can vote on protocol proposals. It is currently 6.977.
Markets are always uncertain, so think ahead about what you’ll do if you’re wrong.
#UNI
A proposal usually needs to reach a quorum to pass.
The purpose of a timelock is to give the community time to respond: people who disagree with a change can withdraw from the protocol before it is implemented.
$UNI is Uniswap’s governance token. Holders can vote on protocol proposals. It is currently 6.977.
Markets are always uncertain, so think ahead about what you’ll do if you’re wrong.
#UNI
