Uniswap's governance token, UNI, soared 60% after a proposal by Erin Koen, head of governance at the Uniswap Foundation, to revamp the exchange's decision-making system. The plan aims to incentivize participation by rewarding UNI holders who stake and delegate their tokens. This marks a shift from last year's failed proposal to directly distribute fees, instead opting for a programmable fee system that benefits active UNI holders. If approved, the community vote could significantly impact UNI's value, as evidenced by its recent jump to a two-year high.