Uniswap Triggers Deflationary Loop with $600 Million Treasury Contraction
Uniswap Labs completely burned 100 million UNI tokens valued at $600 million on December 27. The transfer executed the on-chain portion of a governance plan designed to carefully hyperlink the protocol’s income to the token’s worth. UNI Rallies 6% After Labs Confirms Deflationary Pivot Uniswap Labs carried out the burn beneath “UNIfication,” a proposal launched…
