$596M OF UNISWAP IS GONE -- PERMANENTLY 👀
Uniswap just executed a ~$596M token burn after the fee switch vote passed with unanimous support. That
$UNI is removed from circulation for good. No unlocks & no reversals.
This wasn’t symbolic governance, it directly changed UNI’s supply dynamics. The fee switch means protocol revenue is now being routed in a way that benefits the ecosystem, and the burn shows the DAO is willing to act when incentives are aligned.
Unanimous votes at this scale are rare. They usually signal strong holder conviction and clarity around long-term value capture. Burns don’t force price moves overnight, but they do change the math -- permanently. 🔥