A major structural change is unfolding for Uniswap. The near-unanimous governance vote signals support for redirecting protocol fees and permanently removing 100M $UNI from circulation. Rather than just governance utility, $UNI is moving toward an economic role tied to real protocol activity. If approved when voting closes on Dec 26, this decision could reshape long-term supply dynamics and holder incentives.

UNI
6.167
+1.26%