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Woofun AI reports that Uniswap Labs has submitted a formal governance proposal to expand the Unification burn program by applying protocol fees to select liquidity pools on Uniswap V4. The initiative aims to direct collected fees toward systematically removing UNI tokens from circulation, building upon an existing burn mechanism active across 11 blockchain networks.
The proposal will first undergo a non-binding Snapshot vote open to UNI token holders, running until July 12. If this temperature check passes, a binding on-chain vote will follow on July 13. This two-step process allows the community to gauge sentiment before committing to on-chain execution. The core change involves enabling protocol fees on certain Uniswap V4 pools, leveraging the protocol's flexible fee architecture and 'hooks' for customizable pool logic.