ME News reports that on July 15 (UTC+8), Uniswap initiated a governance proposal to extend its protocol fee collection and UNI burn mechanism to Robinhood Chain, covering versions v2, v3, and v4. Under the proposal, protocol fees generated on Robinhood Chain will be routed to the TokenJar contract on that chain, and Searchers can redeem these fees by bridging UNI back to the Ethereum mainnet and sending them to a burn address. (Source: ChainCatcher)
Uniswap Protocol burned 178,000 UNI yesterday, with Robinhood Chain contributing 144,000.
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Summary
On-chain data shows that Uniswap burned 178,000 UNI on September 5, with 144,000 originating from Robinhood Chain. This follows a protocol update on July 15 that expanded fee collection and burning to all chains across v2, v3, and v4. Fees are directed to the TokenJar contract, and Searchers can redeem them by bridging UNI to Ethereum and sending it to the burn address.
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