UNISWAP TOKEN INCREASE AFTER FEE SWITCH PROPOSAL

Summary from the TLDR Crypto newsletter

Uniswap's UNI token increased 41.5% in 24 hours and 83% over the week following the "UNIfication" proposal that activates protocol fees to fund a perpetual token burn, including a one-time retroactive burn of roughly 100 million tokens from the treasury. The DEX generates $650 million in daily volume and over $2 billion in annualized fees, but has lacked a mechanism to return value to token holders until now. The overhaul introduces MEV discount auctions, eliminates front-end interface fees, and deploys v4 "aggregator hooks" to turn Uniswap into an onchain aggregator that collects fees on external liquidity while deepening its competitive moat against centralized exchanges.