Uniswap Burns 100 Million UNI Tokens as Fee-Burning Upgrade Goes Live

Uniswap has executed one of the largest token supply reductions in decentralized finance after activating its long-awaited fee-burning upgrade, known as “UNIfication,” on Ethereum mainnet. The rollout resulted in the permanent removal of 100 million UNI tokens from the protocol’s treasury, an event that coincided with renewed volatility in UNI’s market price and trading activity. […] Read The Full Article Uniswap Burns 100 Million UNI Tokens as Fee-Burning Upgrade Goes Live On Coin Edition.