$UNI $UNI 🦄 Burn and Buy Back 🔥
Burning of 100 Million UNI Tokens (Retroactive Burn)
What it is: A one-time burn of 100 million UNI tokens that are in the Uniswap treasury.
Motivation: This burn is presented as a retroactive compensation to UNI holders for the fee profits that the protocol did not capture in the past ( since the token's launch in 2020), due to regulatory restrictions that prevented the activation of the fee key.
Impact on Supply: The burn represents a significant reduction, estimated at around 10% of the total maximum supply of UNI (1 billion) or about 16% of the circul