Source: PortaldoBitcoin
Original Title: Uniswap soars 14% in a week with confirmed burn of 100 million UNI
Original Link:
A certain DEX ( token ) community approved a proposal to introduce a new token burn mechanism, reducing market supply to make the asset more deflationary and potentially increase its value.
The project founder announced that the proposal called “Unification” was approved with an overwhelming 125,342,017 votes in favor and only 742 votes against.
According to the announcement, after approximately two days of voting lock-up, the following measures will be implemented:
Burn 100 million tokens
Reactivate protocol fees
Frontend fees will be closed, with the development team focusing on the protocol layer
Other related optimizations
Impact of Token Burn
The “Unification” proposal aims to align economic incentives, governance, and protocol development within a single framework. Once approved, it will activate protocol fees on v2 versions and selected v3 liquidity pools, and redirect some fees to a programmatic token burn mechanism.
The plan includes a retroactive burn of 100 million tokens from the project treasury—currently valued at approximately $630 million.
Analysts see this move transforming the token from a purely governance token into an asset with value accumulation functions, potentially boosting daily trading volume on decentralized exchanges.
The market responded positively. The token has gained a total of 14.3% this week, rising 1.2% on Friday, with a quote of $5.89.
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A certain DEX community approves a proposal to burn 100 million tokens, with a weekly increase of 14.3%
Source: PortaldoBitcoin Original Title: Uniswap soars 14% in a week with confirmed burn of 100 million UNI Original Link: A certain DEX ( token ) community approved a proposal to introduce a new token burn mechanism, reducing market supply to make the asset more deflationary and potentially increase its value.
The project founder announced that the proposal called “Unification” was approved with an overwhelming 125,342,017 votes in favor and only 742 votes against.
According to the announcement, after approximately two days of voting lock-up, the following measures will be implemented:
Impact of Token Burn
The “Unification” proposal aims to align economic incentives, governance, and protocol development within a single framework. Once approved, it will activate protocol fees on v2 versions and selected v3 liquidity pools, and redirect some fees to a programmatic token burn mechanism.
The plan includes a retroactive burn of 100 million tokens from the project treasury—currently valued at approximately $630 million.
Analysts see this move transforming the token from a purely governance token into an asset with value accumulation functions, potentially boosting daily trading volume on decentralized exchanges.
The market responded positively. The token has gained a total of 14.3% this week, rising 1.2% on Friday, with a quote of $5.89.