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Uniswap Treasury Burns 100 Million UNI Tokens Worth $5.96 Billion
Summary: According to reports, Uniswap Treasury completed the burning of 100 million UNI tokens worth $5.96 billion at 4:30 am today. The proposal for the UNI token burn was previously approved, and going forward, fees collected by Uniswap will also be used for UNI token burning.
According to reports, Uniswap Treasury completed the burning of 100 million UNI tokens worth $5.96 billion at 4:30 am today. The proposal for the UNI token burn was previously approved, and going forward, fees collected by Uniswap will also be used for UNI token burning.