UNI's official burn mechanism destroyed a total of 178,000 UNI yesterday, worth more than $1.11 million, of which Robinhood Chain contributed as many as 144,000 UNI in a single day, accounting for more than 80%
Far surpassing other chains such as Ethereum and Base, fully highlighting the current popularity of the Robinhood Chain ecosystem
On July 15, Uniswap launched a governance proposal to expand protocol fee collection and the UNI burn mechanism to Robinhood Chain, covering v2, v3, and v4
According to the proposal, protocol fees generated on Robinhood Chain will be sent to the TokenJar contract on that chain, and Searchers can redeem the fees by bridging UNI back to Ethereum mainnet and sending it to the burn address
Robinhood really is UNI's strongest driver. Based on the current hype and UNI's actual use case, $10 is likely to be seen in the short term
#UNI #Robinhood
Far surpassing other chains such as Ethereum and Base, fully highlighting the current popularity of the Robinhood Chain ecosystem
On July 15, Uniswap launched a governance proposal to expand protocol fee collection and the UNI burn mechanism to Robinhood Chain, covering v2, v3, and v4
According to the proposal, protocol fees generated on Robinhood Chain will be sent to the TokenJar contract on that chain, and Searchers can redeem the fees by bridging UNI back to Ethereum mainnet and sending it to the burn address
Robinhood really is UNI's strongest driver. Based on the current hype and UNI's actual use case, $10 is likely to be seen in the short term
#UNI #Robinhood
