CoinsAQ summary · neutral
Uniswap posts third highest UNI burn day with 106,000 tokens destroyed
What happened
The protocol's new fee-to-burn mechanism is annualizing roughly $170 million in UNI destruction, marking a fundamental shift in how the token accrues value. Uniswap just torched 106,000 UNI tokens in a single day, making it the third largest burn event since the protocol.
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