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Uniswap Protocol Fee Extension Proposal Launch: Aims to Cover Remaining V3 Pools and 8 New Chains
Deep Tide TechFlow News, February 19 — According to an official Uniswap announcement, a proposal to expand protocol fees has been launched. This update plans to activate fees for all remaining v3 liquidity pools on the mainnet and enable protocol fees for both v2 and v3 on eight additional chains. This proposal is a follow-up to the initial rollout of UNIfication.
The official stated that the first phase of the rollout performed well: market TVL adjusted positively, and the burn mechanism operated efficiently. It is expected that this expansion will further increase protocol revenue and accelerate UNI token burns. Snapshot voting is now open, and UNI holders can participate in governance.