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UNI Token Soars 35% Following Fee Switch Proposal


UNI Token Soars 35% Following Fee Switch Proposal

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Uniswap’s governance token, UNI, jumped more than 35% in 24 hours after founder Hayden Adams unveiled a sweeping governance proposal on November 11, introducing a long-awaited “fee switch” that would redirect a portion of trading fees toward burning UNI tokens.

The move, dubbed “UNIfication,” could reshape Uniswap’s economic model and mark a turning point for decentralized finance protocols seeking sustainable token value.

Read the article at CryptoPotato

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