Uniswap Labs, Foundation propose reducing UNI supply

Uniswap Labs and the Uniswap Foundation have submitted a governance proposal to reduce the supply of UNI tokens. Under the proposal, a portion of fee revenue would be allocated to either burning UNI or funding a growth budget, with a target of burning approximately 100 million UNI. Additionally, the Foundation would transfer most of its ongoing projects to Uniswap Labs and subsequently cease operations.