Uniswap Labs, along with the Uniswap Foundation, has presented a new proposal: UNIfication. Its goal is to restructure the decentralized exchange and define its future direction. The plan focuses on governance reform, token burning, and merging the core teams under a unified growth strategy.
The plan represents a significant change in the way the platform operates and incentivizes activity throughout its ecosystem.
UNIficationApp aims to turn the platform into the leading exchange for tokenized assets. To achieve this, it would activate protocol fees and allocate part of the trading revenue to a UNI burning system. The fees generated by the company's layer 2 network, Unichain, would also be included in this burning process.
UNI
7.477
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