Uniswap Governance Approves 'UNIfication' Proposal, Token Burn Ahead
Uniswap governance has approved a significant 'UNIfication' proposal. According to reports, this proposal involves redirecting a portion of trading fees from liquidity providers to the protocol itself. The collected fees will then be used to burn the native UNI token. The development suggests a strategic shift in how the Uniswap protocol manages its tokenomics and incentivizes participation within its ecosystem. The proposal also suggests a burn of 100 million UNI tokens.
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