The Protocol: Sweeping Uniswap Proposal ‘UNIfication’
Uniswap Labs and the Uniswap Foundation are proposing a sweeping governance initiative named “UNIfication” aimed at transforming the Uniswap ecosystem. This proposal seeks to activate protocol fees, initiate a burn for UNI tokens, and unify key teams under a coherent growth strategy. The proposal includes redirecting trading fees to a UNI burn mechanism and retroactively burning 100 million UNI tokens from the treasury. This would represent the first significant change to Uniswap's financial structure since the token's launch in 2020. Further developments include the Monad blockchain unveiling its tokenomics ahead of a mainnet launch and Anchorage Digital's efforts to facilitate institutional engagement in Bitcoin DeFi. Additionally, Injective has launched a native EVM layer, marking a significant upgrade designed to attract developers and institutional users. Other news includes Visa's pilot program to enable direct stablecoin payments and the ongoing evolution of regulatory frameworks surrounding crypto markets in the EU and the U.S.
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