Uniswap Burn Rate Plummets to Zero as Robinhood Chain Struggles With Activity

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The UNI token burn mechanism on Robinhood Chain has nearly ground to a halt, with only around 4,000 UNI destroyed daily, the lowest level since the burn launched. Across all chains, daily burns now range between 12,000 and 14,000 UNI, a record low compared to peaks near 190,000 UNI earlier this year. Activity on Robinhood Chain peaked above 150,000 UNI burned in a single day in early September before collapsing. This drop in the burn rate directly reflects declining trading volumes on Uniswap, as fewer transactions result in fewer tokens being removed from supply.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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