$UNI $596M Burn! Uniswap Executes Largest Token Burn in History
Uniswap has officially burned 100 million UNI tokens, permanently removing $596M worth from circulation. The proposal passed overwhelmingly with 125,342,017 votes in favor vs 742 against — a 99.9% approval rate.
The protocol fee switch is now activated, ensuring all transaction fees are used for continuous buyback and burn, transforming UNI from a governance token into a deflationary, value-capturing asset.
$UNI is currently trading at $6.00, up 18.9% over the past week.
#Uniswap #UNI #CryptoBurn #DeflationaryToken #DeFi
UNI
6.001
-1.07%