Uniswap founder Hayden Adams said on X that UNI’s weekly burn has reached a record high as the market recovers. He said the annualized burn rate has climbed to 31 million UNI, worth about $113 million, and is still rising. Adams added that the team kept building through the bear market and is now seeing early results in the bull market.
Uniswap founder Hayden Adams said on X that UNI’s weekly burn has hit a record high as the market recovers.
He said the annualized burn rate has reached 31 million UNI, or about $113 million, and is still rising.
Adams also said the team kept building during the bear market and is now seeing early results in the bull market.
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