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Tag: Proposal

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Uniswap Hits 2-Month High as Fee Switch Proposal Promises $500 Million Annual Token Burns

Uniswap founder Hayden Adams submitted the UNIfication proposal, activating protocol fees and a UNI token burn mechanism. The plan introduces fee-based UNI burns, a 100 million retroactive burn, and structural changes merging Labs and Foundation operations. Following the announcement, UNI jumped 41.7% to $9.43 as traders embraced the deflationary model and renewed confidence in Uniswap’s…
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