๐ฅ UNI: record burning
According to WuBlockchain Data Center, on August 21 about 150,000 UNI were burned for approximately $590,000.
This became the record daily burn volume in dollar terms.
At the same time, by number of tokens, the 150,000 UNI figure is one of the largest in the entire history of the burning mechanism.
For UNI, this is a positive signal: reducing the token supply could potentially strengthen deflationary pressure.
It will be interesting to see whether such a burn volume becomes a new trend or remains a one-time record. ๐
$UNI
#UNI #Uniswap #Crypto #DeFi
According to WuBlockchain Data Center, on August 21 about 150,000 UNI were burned for approximately $590,000.
This became the record daily burn volume in dollar terms.
At the same time, by number of tokens, the 150,000 UNI figure is one of the largest in the entire history of the burning mechanism.
For UNI, this is a positive signal: reducing the token supply could potentially strengthen deflationary pressure.
It will be interesting to see whether such a burn volume becomes a new trend or remains a one-time record. ๐
$UNI
#UNI #Uniswap #Crypto #DeFi