🦄 UNI Burn Begins... Uniswap Finally Links Token to Revenue
⋆ Uniswap to use part of protocol fees to buy and burn $UNI from the market.
⋆ 100M+ UNI to be burned immediately, cutting FDV from $9.6B to $8.6B.
⋆ A portion of swap fees now goes to the protocol, burning up to $182M worth of UNI annually.
⋆ New PFDA auctions and Aggregation Hooks added to generate more burnable revenue.
⋆ Operations shift to Uniswap Labs, with 20M UNI allocated yearly for growth.
⋆ Marks UNI’s shift from governance-only to revenue-linked utility.

UNI
5.472
-0.01%