As the crypto market enters the last week before Christmas, several major altcoins are about to undergo important governance votes and tokenomics changes. This could significantly affect the long-term supply of these coins.

From Uniswap’s long-awaited fee switch to Hyperliquid’s proposed token burn of billions, the coming days are crucial for several ecosystems.

Top 4 altcoins with important headlines this week

Uniswap (UNI), Hyperliquid (HYPE), Aster (ASTER), and Huma Finance (HUMA) all have protocol changes planned between December 22 and 25.

As a result, token holders and validators are central to important decisions as 2025 approaches.

Uniswap fee switch voting approaching Christmas deadline

The vote on Uniswap’s UNIfication proposal ends on December 25. This could put an end to years of discussion about protocol costs and the value for UNI holders. Founder Hayden Adams also confirmed that the vote for the Unification proposal is now live.

The proposal, jointly developed by Uniswap Labs and the Uniswap Foundation, would enable protocol fees for the entire ecosystem. Additionally, 100 million UNI will be burned from the treasury, which would correspond to the number that would have been burned if the fees had been active from the start.

According to the proposal summary, a vote "For" means support for:

  • Activating Uniswap protocol fees and using them to burn UNI

  • Sending Unichain sequencer costs to the same burn mechanism

  • Building Protocol Fee Discount Auctions (PFDA)

  • Developing aggregator hooks for Uniswap v4

  • Burning 100 million UNI from the treasury

  • Fully focusing Labs on protocol development

  • Migrating the governance-owned Unisocks liquidity to v4 on Unichain and burning the LP position

The Uniswap Foundation confirmed the momentum toward the on-chain vote and said:

“Last month, we submitted a governance proposal to activate protocol fees and align incentives within the Uniswap ecosystem... UNIfication received over 63 million votes in favor during the snapshot. Tomorrow, the proposal goes to an on-chain vote,” said Uniswap on X (Twitter).

During this busy time, the Uniswap token, UNI, rose by 30% on Sunday. At the time of writing, the UNI price is $6.21, more than 15% higher in the past 24 hours.

If the proposal is approved, there will first be a time lock of two days before execution takes place. After that, the token burn and fee switch will be activated immediately.

Hyperliquid validators vote on $1 billion HYPE burn

The governance process of Hyperliquid expires on December 24. On that day, validators will vote on officially recognizing nearly $1 billion in HYPE tokens as permanently burned from the Assistance Fund. This would remove more than 10% of the HYPE from the circulating and total supply.

“The Hyper Foundation proposes to officially recognize the Assistance Fund HYPE as burned through a validator vote, permanently removing the tokens from the circulating and total supply,” explains the Hyper Foundation.

The Assistance Fund contains $998,965,886.59, mainly in spot holdings on a system address.

The tokens are on a system address without a private key, making them mathematically unrecoverable unless there is a hard fork. The vote serves as a binding social agreement to never touch this money.

The proposal strengthens the reputation of Hyperliquid as one of the most unconventional and fastest-growing protocols in crypto. The protocol has not raised capital from venture capitalists and directs revenue straight to token buybacks.

With only two days left until the vote closes, the HYPE token is trading at $24.92. That is an increase of more than 3% in the past 24 hours.

On December 22, Aster will reduce the number of new tokens being issued while simultaneously launching a new Crystal Weekly Drops reward program of $12 million.

“We are excited to launch $12 million Crystal Weekly Drops — the new weekly cash reward program from Aster after Double Harvest,” wrote Aster.

Phase 1 runs from December 22 to December 28, during which up to $2 million in USDF will be distributed. The payout is based on the total volume of perpetual trading on the platform.

The adjustment of the token issuance indicates that Aster is focusing on stricter control of the supply to maintain the balance between rewards and sustainability.

Huma Finance distributes Vanguard utility badges

Huma Finance concludes the period just before the holidays on December 24. On that day, it distributes Huma Vanguard utility badges to eligible HUMA stakers.

Huma gave users who had not staked their Season 2 airdrop a short reprieve, allowing them to participate until December 21.

Together, these governance votings, token burns, emission cutbacks, and staking incentives create one of the most active periods in altcoin tokenomics just before Christmas this year.

Although immediate price reactions remain uncertain, the decisions in the coming days could determine the supply, incentive models, and alignment of protocols well into 2026. Therefore, UNI, HYPE, ASTER, and HUMA are important tokens to watch as the year comes to a close.