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How Uniswap's fee switch could change the economics of DeFi governance tokens

How Uniswap's fee switch could change the economics of DeFi governance tokens

The UNIfication proposal passed with 99.9% support, activated the fee switch, and burned 100 million UNI tokens. Eight months later, protocol revenue has reached $23 million and Ark Invest estimates annualized burns at $90 million.

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