Uniswap has passed the UNIfication upgrade and will enable the protocol fee mechanism this week.
Key points of UNIfication: - Start burning UNI: approximately 100 million UNI burned, reducing the supply from 629 million to 529 million. - Charge protocol fees on Uniswap v2 and v3, helping UNI have a value directly linked to trading activities. - Increase profits for liquidity providers ) and a new auction-based fee reduction mechanism to encourage more effective liquidity.
UNIfication is a major turning point that helps Uniswap transition to a model with clear cash flow for UNI, reducing supply while increasing benefits for users and LP. #Gate2025AnnualReportComing
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Uniswap has passed the UNIfication upgrade and will enable the protocol fee mechanism this week.
Key points of UNIfication:
- Start burning UNI: approximately 100 million UNI burned, reducing the supply from 629 million to 529 million.
- Charge protocol fees on Uniswap v2 and v3, helping UNI have a value directly linked to trading activities.
- Increase profits for liquidity providers ) and a new auction-based fee reduction mechanism to encourage more effective liquidity.
UNIfication is a major turning point that helps Uniswap transition to a model with clear cash flow for UNI, reducing supply while increasing benefits for users and LP.
#Gate2025AnnualReportComing