Uniswap just executed a $596M token burn after the fee switch vote passed with unanimous support. That $UNI is removed from circulation for good. No unlocks & no reversals.
This wasn’t symbolic governance, it directly changed $UNI ’s supply dynamics. The fee switch means protocol revenue is now being routed in a way that benefits the ecosystem, and the burn shows the DAO is willing to act when incentives are aligned. #CryptoNews #TechNews
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$596M OF #UNISWAP IS GONE PERMANENTLY.
Uniswap just executed a $596M token burn after the fee switch vote passed with unanimous support. That $UNI is removed from circulation for good. No unlocks & no reversals.
This wasn’t symbolic governance, it directly changed $UNI ’s supply dynamics. The fee switch means protocol revenue is now being routed in a way that benefits the ecosystem, and the burn shows the DAO is willing to act when incentives are aligned.
#CryptoNews #TechNews