Overview
- Token holders approved the package with 125,342,017 UNI votes for and 742 against, comfortably surpassing the 40 million quorum.
- A two-day governance timelock is now in effect, after which the treasury will burn 100 million UNI and protocol fee switches will begin activating on supported pools.
- Uniswap Labs will disable frontend fees as part of the transition, refocusing on protocol development and a staged rollout across pools and networks.
- The plan directs protocol fees and Unichain sequencer revenue into an on-chain burn mechanism and introduces tools such as Protocol Fee Discount Auctions and aggregator hooks.
- Liquidity providers are watching for potential fee compression and shifts in profitability, while early market data showed UNI trading near $6 during the vote window.