UNIfication — proposal for structural change in tokenomics and governance

A Uniswap $UNI

UNI

5.621

+2.81%

Recently proposed a structural change that activates protocol fees, with part of them allocated for the repurchase and burning of UNI. The idea is to ensure that the use of the platform translates into demand and scarcity for the token. This transforms UNI from 'just governance' to an asset with value linked to network activity.

The initial proposed burn would be 100 million UNI, reducing the circulating supply by ~16%.

If approved and implemented, this could be a news of structural impact in the long term, increasing the real value of the token with the growing use of the network.