Uniswap Rally: UNI Jumps 63% After UNIfication Proposal and $842M Burn
Uniswap (UNI) spiked roughly 63% after Hayden Adams revealed the UNIfication governance overhaul, which would add protocol fees, authorize a strategic buyback program and enact an $842 million token burn. Market activity surged as traders priced in a materially lower circulating supply and the potential for ongoing buy pressure; the proposal is being pitched as the largest change to Uniswap since UNI’s 2020 launch.
Why it matters: the combination of a big burn, buybacks and fee‑driven revenue could convert UNI into a deflationary, yield-bearing asset and reshape how DeFi governance tokens are valued. The plan still requires governance approval and technical implementation, so execution risk remains. Voters, developers and market participants will be watching the governance timeline and actual fee flows to judge whether the rally reflects lasting fundamentals or short‑term optimism.