UNI Token Soars 35% Following Fee Switch Proposal

UNI Token Soars 35% Following Fee Switch Proposal

Uniswap’s governance token, UNI, jumped more than 35% in 24 hours after founder Hayden Adams unveiled a sweeping governance proposal on November 11, introducing a long-awaited “fee switch” that would redirect a portion of trading fees toward burning UNI tokens.
The move, dubbed “UNIfication,” could reshape Uniswap’s economic model and mark a turning point for decentralized finance protocols seeking sustainable token value.
A New Chapter for Uniswap
For years, a fee switch that would share protocol revenue with UNI holders has been a central topic of debate in the Uniswap community, but it was stalled due to regulatory concerns. Adams stated in an X post that a “hostile regulatory environment” had previously prevented Uniswap Labs from engaging deeply in governance.
The core of the plan, according to Adams, involves turning on protocol fees, which would then be used to buy and permanently destroy, or burn, UNI tokens, creating a deflationary pressure on the cryptocurrenc

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We współpracy z: https://cryptopotato.com/uni-token-soars-35-following-fee-switch-proposal/

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