RT Naga Avan-Nomayo (@JeSuisNaga)Uniswap governance is weighing a major protocol fee expansion 🦄A new proposal would:• Turn on fees for all remaining v3 pools on Ethereum• Activate v2 + v3 protocol fees across 8 additional chains• Route fees to UNI burns via TokenJar infrastructureThe vote runs through Feb. 23.This follows December’s UNIfication overhaul and could expand @Uniswap fee capture across several public chains🔥Uniswap ranks in the top 3 for Monthly DeFi fees, per data from @TheBlock__ ...

Core Insights - Uniswap Labs and Uniswap Foundation's "UNIfication" proposal has received significant support, transforming the UNI token from a governance mechanism to a value-accruing asset [1] - The proposal garnered over 125 million votes in favor, with only 742 votes against it [1] Group 1: Trading Volume and Fees - Uniswap averages about $2 billion in daily trading volume and generates an annualized $600 million in fees, according to DeFillama data [2] - Previously, all fees were directed to liquidity providers, leaving the UNI token as a governance-only asset without direct economic ties to platform activity [2] Group 2: Token Burn and Economic Link - A portion of the fees will now be allocated to an on-chain mechanism for burning tokens, linking protocol usage to token supply reduction and potentially increasing market price [3] - An additional 100 million UNI tokens from the treasury, valued at over $590 million, will be burned retroactively to reflect fees that could have been accrued since Uniswap's inception in 2018 [3] - The UNI token has seen a 2.5% increase in value over the past 24 hours, reaching $5.92 [3]

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. ...