福禄寿 UV DAO|2月 19, 2026 01:58
Once the switch is turned on, the protocol revenue generated will be used to buy back and burn UNI tokens on the secondary market through an automated mechanism. This marks UNI's transformation from a mere 'governance token' with voting rights into a value-capturing asset supported by a deflationary model and cash flow.
A simple analogy: Uniswap used to be like a free, open marketplace that only maintained order, where all booth fees went to the booth owners (LPs). Now, the marketplace has decided to start charging a 'management fee' and use that money to enhance the overall value of the marketplace (buy back and burn UNI). Give UNI some more time.
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