Uniswap Labs' and Uniswap Foundation's "UNIfication" proposal to activate protocol fees for the largest decentralized exchange in crypto and burn millions of UNI received overwhelming support from voters, transforming the token from a purely governance mechanism into a value-accruing asset. The proposal received more than 125 million votes in support over the five days of voting with just 742 dissenting. Uniswap sees an average of about $2 billion a day in trading volume and generates an annualized $600 ...

LATEST: ⚡ Uniswap's protocol fee switch is expected to turn on this week after the "UNIfication" proposal reached quorum with virtually no opposition, marking one of the largest upgrades in the DEX's seven-year history. https://t.co/Muinoaj9Wj ...

uni govenance will pass a fee switch by end of september.v4 hooks make LPs stickier, labs just made $50m while holders got zero, and smart money is stacking $182m worth.0.15% protocol fee to stakers incoming. delay means losing flow to fee sharing competitors. ...