Uniswap's 'UNIfication' Proposal Passes with 125M Votes, Transforming UNI into Value Asset

Your UNI tokens aren't just for voting anymore. Uniswap, the world's largest decentralized exchange, has officially flipped the switch on a fee mechanism that transforms its native token into a value-accruing asset. The move, dubbed 'UNIfication', was approved by an overwhelming majority of the community today.

A Landslide Victory for Tokenomics Overhaul

According to official voting data, the proposal received more than 125 million votes in support, with only 742 dissenting. This landmark decision allows the protocol to route a portion of its massive trading fees toward an on-chain mechanism designed to burn UNI tokens. By linking protocol usage directly to supply reduction, the platform aims to boost the long-term market value of the token.

$600 Million Annual Revenue Engine

Uniswap currently processes an average of $2 billion in daily trading volume, generating approximately $600 million in annualized fees. In a bold retroactive move, the Uniswap Foundation will also burn 100 million UNI from its treasury—worth over $590 million at current rates—to reflect the potential fees that could have been accrued since the platform's inception in 2018.