$UNI Voting truth revealed, major changes on December 29 at midnight!
As of December 22 at 08:20, the on-chain voting data for the UNI proposal is as follows:
Votes in favor: 62 million
Votes against: 7.4 million
Abstentions: 1.5 million
The result is final: the proposal has been officially passed!
According to UNI governance rules, two major conditions must be met for the proposal to take effect:
Votes in favor must exceed the threshold of 40 million;
The number of votes in favor must be higher than votes against.
Currently, the 62 million votes in favor have far surpassed the standard, and the voting result is locked in early.
The proposal will be officially executed at midnight on December 29, with two key reforms starting simultaneously:
1. Total destruction of 10%: 100 million UNI will permanently exit circulation;
2. Activation of fee switch: 0.05% of platform transaction fees will be used for continuous buyback and destruction.
Based on the current annual transaction volume of the UNI platform, estimated at about 80 trillion USD, the fee switch will create a continuous deflationary momentum, and its long-term impact should not be underestimated.
It is worth noting that the value capture mechanism of the decentralized ecosystem is gradually improving. In this process, stable and income-generating assets like Decentralized USD (USDD) are also building their unique value foundation — not only providing liquidity support for the ecosystem but also achieving stable appreciation through mechanism design, becoming a reliable choice in turbulent markets.
On December 29, a new era for UNI begins.
After the activation of the deflationary model, is it the beginning of value reassessment or the end of expectation fulfillment? The market is about to provide an answer.
{spot}(UNIUSDT)
