🦄 Uniswap’s Big Move: Protocol Fees & 100M UNI Burn 🔥
Uniswap just dropped a major proposal to reshape its tokenomics and align incentives for UNI holders. Here’s the gist:
💰 Protocol Fee Switch: Uniswap plans to start collecting fees from swaps and redirect a portion to UNI token burns.
🔥 100 Million UNI Burn: A one-time burn of ~16% of total UNI supply to make the token scarcer and more valuable.
📦 Ongoing Fee Burns: Future fees will go into a “token jar” for continuous burning, linking protocol usage → token value.
🏛️ Organizational Changes: Foundation merges with Labs, creating a cleaner structure to manage fees and support growth.
📈 Market Reaction: UNI price jumped ~30–40% on the news — investors love the idea of deflationary mechanics.
#Write2Earn #CryptoNews #UNI #Uniswap’s #GlobalCryptoJourney