Uniswap has proposed key changes that include enabling a protocol fee switch and implementing a mechanism to burn 1 billion UNI tokens from the treasury. The proposal aims to enhance the platform’s economic model and sustainability. By activating the protocol fee switch, Uniswap intends to generate revenue that can be reinvested into the ecosystem. This change is expected to provide additional resources for development and community initiatives. The introduction of the UNI burn mechanism is designed to reduce the overall supply of UNI tokens, potentially increasing their value over time. The burning of 1 billion tokens from the treasury signifies a significant step towards managing the token’s supply and promoting long-term growth.
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