The "UNIfication" fee switch proposal for Uniswap has reached the approval threshold of 40 million votes and will take effect this week.

2025-12-22 05:02:58

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According to Deep Tide TechFlow news on December 22, reported by Cointelegraph, Uniswap's fee switch proposal “UNIfication” has reached the approval threshold of 40 million votes and will take effect this week.

As of Monday, the proposal has received nearly 69 million votes in favor, and the voting will close on Thursday (Christmas). After the proposal passes, there will be a two-day time lock period, after which the fee switch for Uniswap v2 and v3 will be activated on the Unichain mainnet, triggering the burn of UNI tokens.

The proposal will destroy 100 million UNI tokens from the Uniswap Foundation treasury and implement a protocol fee discount auction system to increase liquidity provider returns. These changes are expected to significantly improve the supply and demand dynamics of UNI tokens, enhancing their long-term holding value.

Since the voting began, the UNI price has increased by over 25%, and the current trading price is $6.19.

UNI-0.29%

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