UNI's price has risen to approximately $5.60 as the deadline for a crucial governance vote on December 25 approaches. The proposal under consideration involves burning 100 million UNI tokens and implementing a fee switch mechanism, which would link token economics directly to protocol revenue. Market participants are closely monitoring the situation to assess whether these changes will result in sustained value shifts for the token.
UNI Price Climbs as Governance Vote on Fee Switch Proposal Approaches
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