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A long-overdue value revolution is finally coming.
The founder of a leading DEX ecosystem and the foundation have jointly proposed the "UNIfication" governance proposal. The core logic is quite straightforward—turn on the protocol fee switch and use all transaction revenue to burn governance tokens. It sounds simple, but behind this is a complete rewrite of the token's economic model.
In the past few years, this protocol has handled approximately $4 trillion in transaction volume but has been criticized for lacking genuine value capture. Why has there been no action all these years? Regulatory risks, opposition from whales, community disagreements—there are many reasons. But now the situation has changed. Positive signals have emerged from the US regulatory environment, and the foundation has already laid the groundwork with governance frameworks like DUNA. The timing now seems right.
Looking at this proposal jointly initiated by the founder and the foundation, the community generally expects it to pass.
The brilliance of the proposal lies in building a self-sustaining deflationary flywheel. The first key step is to activate fees and burn tokens—previously, 100% of transaction fees went to liquidity providers, but now the model needs to be redesigned. This is not just a parameter change; it’s a rewrite of the entire ecosystem’s value flow. Tokens evolve from mere governance rights into true assets. As the protocol grows, the burn mechanism continues to operate, and token scarcity steadily increases. In other words, the more prosperous the protocol, the more valuable the tokens become.