The Value Behind Uniswap's UNIfication Proposal and the CCA Protocol: Uniswap has launched “UNIfication,” enabling protocol fees and using them, along with fees from the Unichain Sequencer, to burn UNI. It introduces a Protocol Fee Discount Auction (PFDA) to internalize MEV, and plans to retroactively burn 100 million UNI. The goal is to directly anchor protocol usage to token scarcity and cash flow. While user-side fees are reduced, LP earnings are diverted, and it remains to be seen whether PFDA and tradi ...