$UNI is pumping hard right now, up around 5% today to roughly $6.30 with volume spiking again.
This came from the UNIfication proposal passing on Christmas: they flipped the fee switch, burned 100 million UNI worth almost $600 million, and now a chunk of protocol fees goes straight to ongoing burns.
This turns $UNI deflationary and ties it directly to Uniswap’s massive trading volume.
Don’t fade this yet, the supply shock is real, governance nailed it with near unanimous support, and every swap now helps shrink supply. Shorts are hurting, FOMO is building….
This came from the UNIfication proposal passing on Christmas: they flipped the fee switch, burned 100 million UNI worth almost $600 million, and now a chunk of protocol fees goes straight to ongoing burns.
This turns $UNI deflationary and ties it directly to Uniswap’s massive trading volume.
Don’t fade this yet, the supply shock is real, governance nailed it with near unanimous support, and every swap now helps shrink supply. Shorts are hurting, FOMO is building….