Uniswap has linked trading fees to UNI token burns, but fee collection alone does not equate to a reduction in token supply. The Arc protocol enabled fee collection on October 5, 2026, though this configuration by itself does not establish the volume of UNI that has been burned.
The distinction highlights that enabling fee routing is a technical prerequisite rather than proof of active deflationary mechanics for the UNI token.
Uniswap Links Trading Fees to UNI Burns, But Fee Collection Alone Doesn't Reduce Supply
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