$UNI $ANIME $BEAT ๐๐ Uniswap token burn๐ฏ ๐ฅโค๏ธโ๐ฅ moves closer to reality as 99% voters favor โfee switchโ proposal ๐ฅ๐ฆ
๐ฅ The protocolโs bold โUNIficationโ proposal has already crossed quorum, with 69+ million UNI tokens voting YES โ and virtually zero opposition as of Monday. Governance power in action ๐ณ๏ธโก
๐ Whatโs changing?
Uniswapโs proposal to introduce protocol fees has gained overwhelming support from UNI holders ๐๐, signaling๐ฆ a major shift in token economics.
๐ฅ Big supply shock incoming
The plan includes redirecting a portion of trading fees to burn UNI tokens, potentially slashing supply by $130 million annually ๐๐ฐ โ a strong long-term bullish signal ๐๐
๐ฃ One-time mega burn
A proposed 100 million UNI burn from the treasury ๐ฅ๐ฆ aims to better align Uniswapโs massive scale with its token value and incentives.
๐ DeFi watchers, take note
With near-unanimous support, the fee switch era could soon be live โ changing UNI from governance-only to value-accruing ๐ก๐
#Uniswap #UNI #DeFi #TokenBurn ๐ฅ #BinanceSquare ๐
