Uniswap has burned more than $300,000 worth of $UNI tokens over the past 10 days.
At the current pace, Uniswap’s annualized burn rate is estimated at around $160 million.
Regular token burns reduce the circulating supply of $UNI If demand and network activity continue to grow, a declining supply could become a positive factor for the token’s long-term value. 🔥
#UNI #Uniswap #Crypto
#MuhammadAmirRajpoot
At the current pace, Uniswap’s annualized burn rate is estimated at around $160 million.
Regular token burns reduce the circulating supply of $UNI If demand and network activity continue to grow, a declining supply could become a positive factor for the token’s long-term value. 🔥
#UNI #Uniswap #Crypto
#MuhammadAmirRajpoot
