UNI Token Holders Vote for Value-Capturing Fee Switch

Uniswaps UNIfication proposal secures majority vote, set to burn UNI tokens and boost value for holders. With over sixty-nine million UNI tokens voting yes, the plan to flip the fee switch and burn tokens is poised to become a reality. This move could transform UNI into a cash-flow token, linked to daily volumes and handling around one hundred fifty billion dollars in monthly volume across thirty blockchains. The proposal also merges Uniswap Labs and the Foundation, paving the way for a stronger, more aligned future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.