Wu Blockchain has learned that Uniswap founder Hayden Adams stated that as the market recovers, the weekly UNI burn rate has hit a record high. At the current pace, the annualized burn rate is approximately 31 million UNI, valued at around $113 million, and it's still growing. Adams mentioned that the team continued building during the bear market and is now starting to see the impact of increased protocol activity in a bull market environment. (wublock123.com)/news/news-67133