Home Uniswap Approves UNIfication Proposal, Paving Way for Major Token Burn

Uniswap Approves UNIfication Proposal, Paving Way for Major Token Burn

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Uniswap Approves UNIfication Proposal, Paving Way for Major Token Burn
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Uniswap governance has approved the UNIfication proposal, marking a major shift toward a more deflationary protocol model. Founder Hayden Adams confirmed the vote passed with 99.9% support, with over 125 million UNI tokens backing the initiative. The decision clears the way for an upcoming burn of 100 million UNI tokens.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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