It’s a quiet, shortened week on the eve of the year-end holidays, with few cryptocurrency-specific arrangements.
The most high-profile event was Uniswap’s vote on a governance proposal called UNification. If passed, the proposal would activate protocol fees, burn 100 million UNI tokens from the vault, and bring Uniswap Labs and the Uniswap Foundation closer together operationally. Voting has begun and will end on Thursday. Early results show overwhelming support for the changes. Uniswap is the largest decentralized exchange on the Ethereum blockchain.
On the economic front, the second estimate of U.S. third-quarter gross domestic product and personal consumption expenditure inflation will be released soon.
What to see
- cryptocurrency
- Macro
- 8:30 am on December 22: Canada’s November PPI year-on-year (previous value 6%), month-on-month is expected to be 0.3%.
- 8:30 a.m. on December 23: U.S. October durable goods orders month-on-month (previous value 0.5%), such as transportation month-on-month (previous value 0.6%), such as defense month-on-month (previous value 0.1%).
- December 23, 8:30 am US third quarter PCE price quarter-on-quarter (second estimate). Title (previously 2.1%), core (previously 2.6%).
- December 23, 8:30 a.m.: U.S. third-quarter GDP (preliminary estimate) (previous value 3.8%).
- December 23, 10 am: CB Consumer Confidence in December (previous value 88.7).
- December 24, 7 a.m.: Mexico’s unemployment rate (previous value: 2.6%).
- December 24, 8:30 a.m.: Initial jobless claims in the United States. Initial – week ended December 20th – (previous 224K); continued – week ended December 13th – (previous period 1897K).
- Earnings (estimates based on FactSet data)
Token event
- Governance votes and calls
- BNB Chain is voting to reduce the number of consecutive blocks produced by validators from 16 to 8. This adjustment is intended to prevent large chain reorganizations and prioritize network stability. Voting closes on December 22.
- Axie Infinity is voting to stake idle assets from the community treasury to receive compound interest protocol rewards. Voting closes on December 22.
- Moonwell DAO is voting to switch the rETH oracles on the Base and OP mainnets to stable exchange rate sources, and use 2.6 ETH in reserves to repay bad debts. Voting closes on December 22.
- CoW DAO is voting to extend its 2026 grant program. The proposal improves capital efficiency through quarterly funding releases and focuses on developer onboarding, ecosystem adjustments, and novel protocol applications. Voting closes on December 22.
- Yearn DAO is voting to rotate multi-signers (YIP-89) and develop a yETH recovery plan (YIP-90) that utilizes Treasury yields, 10% revenue redirection, and forfeited claims to repay users. Voting closes on December 23.
- The GMX DAO is voting to seed the new GMX-Solana deployment with 400,000 USDC, half of which will be used to purchase GMX tokens to create a balanced initial liquidity pool. Voting closes on December 23.
- The Sandbox DAO is voting for one of five artists to create a commissioned NFT artwork for the DAO’s collection, with the winner being awarded 8,000-12,000 USDC from the existing SIP-26 budget. Voting closes on December 24th.
- Uniswap DAO is voting to activate protocol fees to burn UNI, retroactively burn 100 million treasury tokens, and consolidate ecosystem growth under Uniswap Labs with an annual budget of 20 million UNI. Voting closes on December 25th.
- Unlock
- December 24: Plasma Unlocking 4.52% of its circulating supply, worth $11.47 million.
- December 28: Unlocks 1.73% of its circulating supply, worth $10.03 million.
- December 29: Unlocking 2.59% of its circulating supply, worth $240.5 million.
- Token issuance
Meeting