#uniswap has burned 100 million $UNI tokens (~$596M) following the successful execution of a governance proposal approved with 99.9% of votes in favor.

The burn activates Uniswap’s long-discussed protocol fee mechanism (“fee switch”), redirecting a portion of trading fees toward ongoing UNI burns.

#UNI price rose during the voting period and held gains after execution, as markets reacted to the shift in token economics. #Write2Earn