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CoinOtag 2025-12-28 17:52:49

Uniswap Burns $591M in UNI Tokens, Fueling Potential Price Momentum

Uniswap's treasury executed a major token burn of 100 million UNI tokens, valued at approximately $591 million, following overwhelming community approval of the UNIfication proposal with 99.9% support. This deflationary measure uses future protocol fees to continuously reduce UNI supply, enhancing scarcity and supporting long-term value. Uniswap community voted yes on UNIfication with 99.9% approval, [...]

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