๐ Big moves are happening at Uniswap โ and this could reshape everything we know about DeFi!
The Uniswap Foundation and Uniswap Labs just teamed up on a major proposal that aims to:
๐ฅ Launch a protocol fee mechanism
๐ฅ Reduce the total $UNI supply
๐ฅ And even burn UNI tokens through real protocol use
In simple terms โ theyโre looking to make $UNI scarcer and potentially more valuable, while strengthening the entire Uniswap ecosystem. ๐ช
But thatโs not all โ they also want to create a Uniswap Growth Budget, which will fund future protocol and ecosystem development. ๐ฐ
Most of the foundationโs work and team will now move under Uniswap Labs, keeping things more focused and efficient.๐
The Foundation will finish its current grants (about $100M worth!) before wrapping up operations โ talk about a clean, well-planned transition.
Honestly, this feels like Uniswap 2.0 โ a smarter, leaner, and more community-driven chapter. ๐ฑ
What do you think โ bullish for UNI or too soon to tell? ๐
#Uniswap #DeFi #CryptoNews #UNI