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Uniswap governance passes UNIfication, activating protocol fees and a 100M UNI burn
Uniswap's UNIfication proposal passed with 99.9% support (125 million UNI for, 742 against). The upgrade redirects trading fees to fund ongoing UNI burns, burns 100 million UNI after a two-day timelock, funnels Unichain sequencer fees into the burn, and consolidates the Foundation's teams into Uniswap Labs while removing interface fees.
- 99.9% voting support with 125 million UNI in favor demonstrates strong community backing.
- The burn creates a deflationary mechanism tied to Unichain sequencer fee growth and broader protocol activity.
- Consolidation absorbs Foundation operations into Labs and eliminates interface fees, simplifying the business structure.