Overview
- Hayden Adams submitted formal governance proposals on July 18 to activate protocol fees for Uniswap v4 pools across several networks and an on-chain vote was scheduled to begin around July 19.
- The proposal directs collected fees into chain-specific TokenJars, bridges those assets to Ethereum, converts them to UNI and sends them to the 0xdead address for permanent burning.
- The proposal lists concrete fee rules, including a 10 basis-point fee for Base stablecoin pools and a 25x multiplier for certain aggregator hooks, with more v4 chains to be proposed later.
- A July 7–12 on-chain temperature check showed strong preliminary support with roughly 93% backing (about 13.9 million UNI for versus 1 million against), while some liquidity providers such as Gamma Strategies warned fees will cut LP returns and risk liquidity migration.
- The move builds on December 2025’s UNIfication changes that activated v2/v3 fees and produced measurable burns, and if implemented the expansion could raise UNI burn rates and change LP economics depending on fee levels, pool types and cross-chain execution.