Leading decentralized exchange (DEX) Uniswap has announced an “unofficial community call” set for Nov. 12 at 12 noon ET. The call is scheduled to discuss several core governance issues central to Uniswap, including the future of its liquidity mining program.
After a slew of rival DEX clones sought to siphon away Uniswap’s users through exorbitant native token rewards to liquidity providers during the DeFi boom, Uniswap retroactively airdropped its native token UNI to users and launched its own liquidity mining program in mid-September.
Uniswap’s current liquidity mining program is scheduled to end on Nov. 17, with the call set to discuss whether to extend the existing program or revise the scheme. The initial program allocated 5 million UNI for airdrop to liquidity providers in total, equal to 83,333 tokens daily.
Many believe the UNI airdrop and liquidity rewards program helped…