Based on AiCoin, Uniswap's treasury burned 100 million UNI tokens, valued at approximately $591 million, four hours ago, following the approval of a fee-burning proposal, according to Lookonchain monitoring.
Uniswap Treasury Burns 100 Million UNI Worth $591 Million
AiCoinShare
Summary
Uniswap’s treasury burned 100 million UNI tokens, valued at around $591 million, four hours ago. The move followed a fee-burning proposal approved by the community, as tracked by Lookonchain. This on-chain news marks a major token burn event in the crypto news cycle. AiCoin reported the development, highlighting ongoing governance activity.
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