Uniswap Governance: DAO and the Influence of UNI Holders

Decentralized governance (DAO) is what truly makes Uniswap decentralized. By mid-2025, UNI token holders will vote on proposals that can change the most important aspects of the protocol. The governance process consists of several stages:

Proposal: Any UNI holder with a certain amount of tokens can submit a proposal.

Voting: All UNI holders can vote "for" or "against".

Execution: If a proposal receives the necessary number of votes, it is automatically executed via a smart contract. This ensures that the future of Uniswap is in the hands of its community, not a centralized corporation. #UNI $UNI