On December 28, Uniswap carried out the destruction of 100 million UNI tokens, worth nearly 596 million dollars. This decision, validated by a massive communit On December 28, Uniswap carried out the destruction of 100 million UNI tokens, worth nearly 596 million dollars. This decision, validated by a massive communit
100M UNI Destroyed As Uniswap Shifts To Deflationary Model
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On December 28, Uniswap carried out the destruction of 100 million UNI tokens, worth nearly 596 million dollars. This decision, validated by a massive community vote, marks the entry into force of a new economic framework called "UNIfication." It inaugurates a structural change in the governance of the protocol, based on the activation of protocol fees and a sustainable burn mechanism. Uniswap thus initiates a new phase of its evolution, focused on active management of the value created.
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