Uniswap Proposes UNIfication Token Burn to Expand to 11 Networks.
— Coin Türk
Uniswap has opened voting for the UNIfication token burn, which could span a total of 11 networks.
Uniswap has put the UNIfication token burn to a vote for the BNB Chain, Polygon, and Celo networks; this move has the potential to expand across a total of 11 chains.
- Voting will begin on May 24, and if approved, UNIfication will be integrated into a total of 11 blockchains.
- In the last 30 days, a total of $4.5 million in fees has been collected on BNB Chain and Polygon, but distributions to UNI holders have not yet occurred.
- The current UNI price stands at $3.30, and revenue sharing is expected to expand following this initiative.
The UNIfication token burn could support the growth of Uniswap's ecosystem by broadening its revenue-sharing model.