Overview
- More than 69 million UNI have voted in favor with virtually no opposition, with the vote scheduled to close on Dec. 25.
- Following the timelock, the protocol fee switch is set to be enabled on Unichain before a broader rollout to supported v2 and select v3 pools.
- Roughly one-sixth of trading fees will flow into an automated burn mechanism, which CoinDesk estimates could direct about $130 million per year at current volumes.
- A one-time burn of 100 million UNI from the treasury is included, valued near $940 million at recent prices.
- The proposal consolidates operations between Uniswap Labs and the Foundation, establishes a roughly 20 million UNI annual growth budget, and adds revenue-capture features such as Unichain sequencer-fee burns and Protocol Fee Discount Auctions.