2 hours ago
The proposal, which transforms UNI into a value-accruing asset, received much than 125 cardinal votes successful enactment with conscionable 742 dissenting.
Dec 26, 2025, 11:01 a.m.
Uniswap Labs' and Uniswap Foundation's "UNIfication" connection to activate protocol fees for the largest decentralized speech successful crypto and pain millions of UNI received overwhelming enactment from voters, transforming the token from a purely governance mechanics into a value-accruing asset.
The connection received much than 125 cardinal votes successful support implicit the five days of voting with conscionable 742 dissenting.
Uniswap sees an mean of astir $2 cardinal a time successful trading volume and generates an annualized $600 cardinal successful fees, according to DeFillama data. Until now, it has routed each the fees to liquidity providers, leaving UNI arsenic a governance-only token with nary nonstop economical nexus to the platform’s activity.
Some of those fees volition present beryllium routed to an onchain mechanics designed to pain the tokens, straight linking protocol usage to token proviso simplification and perchance boosting the marketplace price. A full100 cardinal UNI from the treasury — worthy implicit $590 cardinal astatine existent rates — volition beryllium besides burned successful a retroactive determination intended to bespeak fees that could person accrued had protocol fees been progressive since Uniswap’s instauration successful 2018.
The UNI token has gained 2.5% successful the past 24 hours to $5.92.
Read more: Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul
More For You
State of the Blockchain 2025
L1 tokens broadly underperformed successful 2025 contempt a backdrop of regulatory and organization wins. Explore the cardinal trends defining 10 large blockchains below.
What to know:
2025 was defined by a stark divergence: structural advancement collided with stagnant terms action. Institutional milestones were reached and TVL accrued crossed astir large ecosystems, yet the bulk of large-cap Layer-1 tokens finished the twelvemonth with antagonistic oregon level returns.
This study analyzes the structural decoupling betwixt web usage and token performance. We analyse 10 large blockchain ecosystems, exploring protocol versus exertion revenues, cardinal ecosystem narratives, mechanics driving organization adoption, and the trends to ticker arsenic we caput into 2026.
More For You
Trust Wallet users suffer $7 cardinal to hacked Chrome extension
Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses volition beryllium reimbursed.
What to know:
- Trust Wallet users mislaid astir $7 cardinal pursuing an update to its Chrome extension.
- Binance co-founder Changpeng Zhao said the losses volition beryllium reimbursed.
- Users are advised to debar mentation 2.68 of the hold and upgrade to mentation 2.69.
English (US) 