The core reason for the initiation of the recent UNI market trend lies in the significant Favourable Information - the Unifiction proposal is about to be finalized.
What are the key points of this proposal? In simple terms, there are three things. First, destroy 100 million UNI tokens. Second, activate the fee switch for v2 and v3 versions. Third, initiate a continuous destruction mechanism.
100 million pieces sound like a large number, but within the framework of a total supply of 1 billion pieces, this is 10% of the total. Cutting such a large circulation at once cannot be underestimated in terms of price support. Especially since there will be a continuous operation of the fee destruction mechanism in v2/v3 later, this is a true deflationary design—not a conceptual hype, but supported by an actual mechanism.
From the voting data, this proposal has basically been locked in. Support votes have reached 114.7 million, with only 742 opposing votes, far exceeding the passing threshold of 40 million. The final voting will end on December 25, and it is expected that there will not be much change.
Of course, there has already been a wave of anticipated price increases in the past few days. The question now is whether the favourable information has been fully reflected. If there is still further expectation space, it is worth paying attention to which level the rebound occurs after a pullback. The entry strategy for this wave should focus on the support position during the pullback, rather than blindly chasing highs. As one of the mainstream altcoins with the best liquidity and clearest application scenarios, UNI has such favourable support, making it truly worth pondering in the medium term.
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HorizonHunter
· 22h ago
The 10% burn intensity is indeed solid, but now we need to see how far it can rebound.
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Wow, burning 100 million at once, that's quite a sum.
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With voting being like this, what is there to be afraid of? Just wait for the frisbee to come.
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The key is still to see if the subsequent transaction fee burn mechanism can really get going, and not turn into empty promises again.
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Those who are still chasing the price now that the expected rise has come, deserve to be crushed.
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The scale of UNI is indeed stable enough, supported by real application scenarios.
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Once this matter is confirmed on December 25, there will be no suspense. Those buying now are betting on the pullback space.
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ParanoiaKing
· 22h ago
10% of the Circulating Supply is directly cut off, this operation is indeed a bit harsh, but the problem is that the expectations have already been met, right?
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With such a disparity in voting data, it feels like a predetermined play, let's see how the rest unfolds
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True deflation vs concept speculation, this time there’s finally a bit of difference, the Burn Mechanism for transaction fees running is the key
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Finding support during a pullback is the way to go, those chasing the price are just paying tuition
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The UNI Liquidity is indeed unquestionable, but I just don’t know how much more space there is for this wave to rise
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100 million pieces sound impressive, but at 10% it’s not as exaggerated as imagined, the key is whether the subsequent mechanism can keep running
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742 opposing votes haha, with this level of voting participation, it’s basically locked up
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Why does it feel like all the Favourable Information has been digested in advance, is it now the rhythm of being Played for Suckers?
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The sustained Burn Mechanism needs to be truly implemented for the price support to be amazing, currently it’s still on paper
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It’s worth pondering in the medium term, but in the short term it’s all about the pullback extent, those who are greedy won’t have good outcomes
View OriginalReply0
ImpermanentPhobia
· 22h ago
The deflationary mechanism is in place without any exaggeration, but chasing the price right now is indeed a bit hasty; it’s better to wait for a pullback.
View OriginalReply0
quiet_lurker
· 22h ago
The implementation of the deflationary mechanism is just different, this wave of UNI is stable.
Hunter's thinking is correct, a pullback is the opportunity, don't chase the price.
Wait, are there only 742 opposing votes? The voting enthusiasm seems a bit low.
Burning 10% at once, and still burning afterwards, this is what we call real mechanism support.
Doing this at the end of the year feels like it's building momentum for next year.
The liquidity of UNI is indeed outstanding, I agree with this, but let's not celebrate too early before the results come out at the end of December.
With deflation plus application scenarios, both are added bonuses, no wonder the trend is so fierce.
The core reason for the initiation of the recent UNI market trend lies in the significant Favourable Information - the Unifiction proposal is about to be finalized.
What are the key points of this proposal? In simple terms, there are three things. First, destroy 100 million UNI tokens. Second, activate the fee switch for v2 and v3 versions. Third, initiate a continuous destruction mechanism.
100 million pieces sound like a large number, but within the framework of a total supply of 1 billion pieces, this is 10% of the total. Cutting such a large circulation at once cannot be underestimated in terms of price support. Especially since there will be a continuous operation of the fee destruction mechanism in v2/v3 later, this is a true deflationary design—not a conceptual hype, but supported by an actual mechanism.
From the voting data, this proposal has basically been locked in. Support votes have reached 114.7 million, with only 742 opposing votes, far exceeding the passing threshold of 40 million. The final voting will end on December 25, and it is expected that there will not be much change.
Of course, there has already been a wave of anticipated price increases in the past few days. The question now is whether the favourable information has been fully reflected. If there is still further expectation space, it is worth paying attention to which level the rebound occurs after a pullback. The entry strategy for this wave should focus on the support position during the pullback, rather than blindly chasing highs. As one of the mainstream altcoins with the best liquidity and clearest application scenarios, UNI has such favourable support, making it truly worth pondering in the medium term.