Uniswap's UNI Token Surges on New Burn Proposal
Update: 2025-11-11
Description
UNI Token Surges as Uniswap Proposes Token Burn and New MechanismsUniswaps native token, UNI, is soaring, outpacing other cryptocurrencies, following a proposal to burn tokens and introduce new mechanisms. The UNIfication plan aims to activate protocol fees, burning UNI tokens to reduce supply and potentially increase value. CoinGecko data shows a 41.5% increase in the past 24 hours and an 83% rise this week. The proposal also introduces Protocol Fee Discount Auctions, a focus on core protocol growth, and aggregator hooks to transform Uniswap version four into an on-chain aggregator.
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