The Uniswap community has voted in favor of the “UNIfication” proposal, which will change the tokenomics of the protocol and introduce a system for burning UNI tokens using trading fees. Over 69 million votes supported the proposal, with a two-day lock before implementing protocol fees and automated burns. 100 million UNI tokens will be burnt from the treasury. The proposal also includes a new incentive system and a growth budget to support development. The price of UNI has risen by 25% since the proposal was opened for voting.

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