Altcoins & Christmas Chaos! 🎄

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Oh, the drama! As the year staggers towards its inevitable, frosty conclusion – Christmas, darling – it seems our dear altcoins are engaged in a flurry of existential crises. Governance votes and tokenomic shifts, you say? How utterly
 predictable. One almost suspects a deliberate attempt to disrupt the festive cheer.

From Uniswap’s perpetually delayed fee switch – a saga longer than a Victorian novel – to Hyperliquid’s rather extravagant bonfire of a billion dollars in tokens, the next few days promise a spectacle of fiscal decision-making. One can only hope it’s all terribly amusing, at least.

The Fab Four: Altcoins in a Pre-Holiday Flutter

Uniswap (UNI), Hyperliquid (HYPE), Aster (ASTER), and Huma Finance (HUMA) find themselves, quite inconveniently, at the center of these crucial developments between December 22nd and 25th. A truly terrible time to be a token holder, wouldn’t you agree? Just when one wishes to be indulging in mince pies and mulled wine.

This places the poor souls who hold these tokens, and their diligent validators, at the heart of decisions that will undoubtedly alter the landscape of crypto. As the new year looms, so too does the uncertainty. 🙄

Uniswap’s Fee Switch: A Christmas Carol of Controversy

The voting on Uniswap’s UNIfication proposal, a debate that has stretched on seemingly forever, draws to a close on Christmas Day. One imagines the sheer exhaustion of those involved. It’s enough to make one yearn for a simpler time, perhaps when crypto involved nothing more than admiring the blockchain’s inherent beauty.

🩄 Voting for the Unification proposal is now live

– Hayden Adams 🩄 (@haydenzadams) December 20, 2025

The proposal, crafted by the brain trust at Uniswap Labs and Foundation, aims to ignite protocol fees. Naturally, they would also like to burn 100 million UNI, a gesture of contrition for what would have been burned had fees existed all along. How very thoughtful.

Should one deign to support this scheme – by voting “For,” naturally – one would be endorsing:

  • The turning on of fees, and their subsequent burning of UNI. Quite dramatic!
  • The sending of Unichain sequencer fees to the same fiery fate.
  • The creation of Protocol Fee Discount Auctions (PFDA), a phrase so delightfully bureaucratic.
  • The rather tiresome development of aggregator hooks for Uniswap v4.
  • The ceremonial incineration of 100 million UNI.
  • The refocusing of Labs on protocol development. (As if they weren’t already!)
  • The migration of governance-owned Unisocks liquidity to v4, followed by
 you guessed it, a burn.

The Uniswap Foundation, brimming with optimism, assures us that momentum is building. How novel.

“Last month, we posted a governance proposal to turn on protocol fees & align incentives across the Uniswap ecosystem
 UNIfication passed snapshot with 63M+ votes in favor. Tomorrow, the proposal moves to on-chain vote,” Uniswap declared, with the sort of self-importance one might expect.

And, naturally, the UNI token has enjoyed a little rally – a 30% increase on Sunday. As of now, it’s trading for $6.21, a mere 15% increase in the last 24 hours. A triumph of the human spirit, if I may say so myself. 😉

If this grand scheme is approved, there will be a two-day pause for dramatic effect before the burn and fee switch are enacted. Honestly, the suspense is killing me.

Hyperliquid’s Bonfire of the Vanities: A $1 Billion Burn

Hyperliquid’s governance process culminates on December 24th with a vote to acknowledge the burning of nearly $1 billion in HYPE tokens from its Assistance Fund. How very
capitalistic. Over 10% of the entire supply! One shudders to think of the waste.

“The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply,” the Hyper Foundation stated, with an air of self-satisfaction.

The Assistance Fund holds a staggering $998,965,886.59, sitting innocently in a system-controlled address.

The tokens, residing in an address with no key, are, shall we say, permanently unavailable without a hard fork. The vote merely solidifies this fact. A purely symbolic gesture, one might suggest.

This reinforces Hyperliquid’s position as a rather
unconventional protocol, having eschewed venture capital for direct revenue into token buybacks. Such audacity!

With a mere two days remaining, HYPE is trading at $24.92, up a modest 3% in the last 24 hours. A pittance, really, considering the impending conflagration. đŸ”„

Aster’s Austerity & Huma’s Badges: Tidings of Tokenomics

Aster, in a fit of fiscal responsibility, will reduce its emissions alongside launching a $12 million rewards program. (One suspects the two are related.)

“We’re excited to launch $12 million Crystal Weekly Drops – Aster’s new weekly cash rewards program following Double Harvest,” Aster announced, with an enthusiasm that borders on desperate.

Phase 1, beginning December 22nd, promises up to $2 million in USDF based on trading volume. A paltry sum, but one mustn’t look a gift horse in the mouth.

And Huma Finance, ever the generous host, will distribute Huma Vanguard utility badges to qualifying stakers on Christmas Eve. How delightfully quaint.

The wait is over! Huma Vanguard badges arriving this Christmas Eve 🎄

2,706 community members will receive their badge in the first wave, congrats and happy early holidays!

For ~200 of you who were on track but missed staking your S2 airdrop, we’re giving you a grace period


– Huma Finance 🟣 (@humafinance) December 18, 2025

A grace period was also granted to those who missed the Season 2 airdrop. Such kindness. Truly, a heartwarming tale.

Taken as a whole, these events represent a rather frantic flurry of activity before the holidays. One suspects it’s all rather exhausting for everyone involved. However, one can’t deny the entertainment value. 🎭

Whether any of this will result in immediate price change remains to be seen. The decision made in the coming days could have an effect on supply curves and models in the new year. Therefore, the effects on UNI, HYPE, ASTER and HUMA will be something to watch.

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2025-12-22 10:09