【CryptoWorld】Breaking news has arrived. The founder of a leading DEX, Hayden Adams, has just announced that a Unification proposal has been submitted for final governance voting. The vote is scheduled to officially start at 10:30 PM Eastern Time on December 19 and will run until December 25.
If this vote passes, what actions will be taken? After a two-day lock-up period, the implementation will begin: first, the destruction of 100 million UNI tokens. At the same time, the fee switch mechanisms for versions v2 and v3 will be activated on the mainnet, initiating the UNI token burn process, including fees on Unichain being incorporated into this system. Another key detail— a leading DEX Labs will reach a binding agreement with the governance layer through a smart contract, which will be legally binding under the DUNA legal framework in Wyoming.
In simple terms, these measures aim to further optimize the token economics through a burn mechanism, while also strengthening the institutional constraints between the governance layer and the development team.
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DeepRabbitHole
· 15h ago
Burn 100 million tokens? How much would that cost? But usually, reduced volume is a positive sign...
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LightningWallet
· 12-19 08:23
Burn 100 million UNI? That’s quite a move, it feels like the price is going to fluctuate again.
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VCsSuckMyLiquidity
· 12-18 09:07
Burn 100 million tokens? That’s a huge move. But UNI is really serious about playing for real this time.
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faded_wojak.eth
· 12-18 09:04
Burn 100 million UNI? This move is really strategic; it depends on how much the market can be boosted in the end.
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ZhongZheng
· 12-18 08:59
Is this news bullish or bearish?
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BoredRiceBall
· 12-18 08:53
Burn 100 million tokens? How much would that cost? That's pretty intense.
A leading DEX launches a token burn plan, governance voting opens on December 19
【CryptoWorld】Breaking news has arrived. The founder of a leading DEX, Hayden Adams, has just announced that a Unification proposal has been submitted for final governance voting. The vote is scheduled to officially start at 10:30 PM Eastern Time on December 19 and will run until December 25.
If this vote passes, what actions will be taken? After a two-day lock-up period, the implementation will begin: first, the destruction of 100 million UNI tokens. At the same time, the fee switch mechanisms for versions v2 and v3 will be activated on the mainnet, initiating the UNI token burn process, including fees on Unichain being incorporated into this system. Another key detail— a leading DEX Labs will reach a binding agreement with the governance layer through a smart contract, which will be legally binding under the DUNA legal framework in Wyoming.
In simple terms, these measures aim to further optimize the token economics through a burn mechanism, while also strengthening the institutional constraints between the governance layer and the development team.