CoinOtag
2025-12-28 17:52:49

Uniswap Burns $591M in UNI Tokens, Fueling Potential Price Momentum

Uniswap's treasury executed a major token burn of 100 million UNI tokens, valued at approximately $591 million, following overwhelming community approval of the UNIfication proposal with 99.9% support. This deflationary measure uses future protocol fees to continuously reduce UNI supply, enhancing scarcity and supporting long-term value. Uniswap community voted yes on UNIfication with 99.9% approval, [...]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.