【ChainNews】Uniswap founder Hayden Adams officially announced a major governance proposal—UNIfication, which has been formally submitted for voting.
Timing is crucial: voting will start at 11:30 AM Beijing time on December 20 and will continue until December 25. This five-day voting period provides the community with ample time for discussion and decision-making.
If the proposal passes smoothly (which is highly likely), two important actions will follow. First, Uniswap Labs will burn 100 million UNI tokens, a direct deflation mechanism that can improve the token supply. Then, the fee switch will be activated on the Ethereum mainnet for both v2 and v3 versions, meaning the platform will begin to truly implement the fee burning mechanism and the consumption of Unichain-related fees.
For the DeFi ecosystem, this is a significant adjustment in Uniswap’s token economy and fee structure. The destruction of 100 million UNI tokens, combined with the activation of the fee switch, will have a notable impact on the long-term value support of UNI. Interested friends can express their stance during the voting period or learn about the technical details in advance.
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PancakeFlippa
· 12-18 16:12
100 million UNI burned? Now it depends on whether UNI can really rise, just burning tokens alone isn't enough.
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AirdropHunterXM
· 12-18 08:48
100 million UNI directly burned. Now UNI should go up, but unfortunately I already sold all my holdings early haha
Uniswap governance voting is here: 100 million UNI burned + fee switch mechanism activated
【ChainNews】Uniswap founder Hayden Adams officially announced a major governance proposal—UNIfication, which has been formally submitted for voting.
Timing is crucial: voting will start at 11:30 AM Beijing time on December 20 and will continue until December 25. This five-day voting period provides the community with ample time for discussion and decision-making.
If the proposal passes smoothly (which is highly likely), two important actions will follow. First, Uniswap Labs will burn 100 million UNI tokens, a direct deflation mechanism that can improve the token supply. Then, the fee switch will be activated on the Ethereum mainnet for both v2 and v3 versions, meaning the platform will begin to truly implement the fee burning mechanism and the consumption of Unichain-related fees.
For the DeFi ecosystem, this is a significant adjustment in Uniswap’s token economy and fee structure. The destruction of 100 million UNI tokens, combined with the activation of the fee switch, will have a notable impact on the long-term value support of UNI. Interested friends can express their stance during the voting period or learn about the technical details in advance.