Uniswap (UNI) Soars 63% as ‘UNIfication’ Fee | Crypto News
Uniswap (UNI) has sparked a storm across DeFi after founder Hayden Adams unveiled the long-awaited “UNIfication” proposal, a sweeping governance overhaul that introduces protocol charges, a substantial $842 million token burn, and a strategic buyback plan.
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The transfer marks Uniswap’s largest reform since its 2020 token launch, designed to remodel UNI from a passive governance token into a deflationary, yield-generating asset.
Under the proposal, 0.3% of all trading quantity will now be cut up between liquidity suppliers (0.25%) and a UNI buyback pool (0.05%), creating steady demand for the token. With over $1 trillion in annualized trading quantity, analysts project roughly $38 million in month-to-month buybacks, about $450 million yearly.
Whales Accumulate as Uniswap (UNI) Skyrockets 63%
The market response was explosive. Uniswap (UNI) surged by over 63% in one week, peaking at $10 before stabilizing around $8.57. On-chain data from Santiment reveals rising whale accumulation and a regular increase in UNI held outdoors of exchanges, indicating long-term investor confidence.
BitMEX founder Arthur Hayes reportedly bought $244,000 value of UNI, becoming a member of institutional patrons positioning for a provide shock.
CryptoQuant CEO Ki Young Ju predicted that if protocol charges stay lively, annual burns might exceed $500 million, drastically tightening provide. “Even with unlocks, a UNI supply shock seems inevitable,” Ju famous.
The rally also prolonged to other DeFi belongings, such as AAVE, Synthetix, and Compound, as merchants speculated that Uniswap’s model might set a new normal for protocol-owned liquidity and worth distribution.
UNIfication Ushers in the Next Era of DeFi Governance
Beyond tokenomics, UNIfication unites Uniswap Labs, the Foundation, and the Unichain L2 community under one ecosystem.
The proposal eliminates interface charges, introduces price low cost auctions to improve LP returns, and compensates governance delegates, turning Uniswap’s decision-making into a professionalized, revenue-sharing system.
Adams emphasised that the initiative represents more than a technical improve, it’s a cultural shift. “Uniswap can be the primary place tokens are traded globally,” he said. “This proposal ends a restrictive chapter and begins the decade of Uniswap.”
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With UNI up more than 66% this week and traders anticipating formal governance approval, the DeFi giant seems poised to reclaim its dominance as crypto’s flagship decentralized exchange.
Cover image from ChatGPT, UNIUSD chart from Tradingview
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