Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul
UNIfication would burn 100 million UNI tokens, activate protocol fees, and consolidate ecosystem teams under a unified growth strategy led by a new five-member board.
- On November 11, Uniswap Labs and the Uniswap Foundation unveiled the UNIfication proposal to align incentives across the ecosystem and seek DAO members' approval.
- Uniswap Labs announced it will absorb the Uniswap Foundation's ecosystem teams, pivoting strategy away from monetizing products to focus exclusively on protocol growth amid broader governance changes.
- Mechanically, the proposal would activate protocol fees and redirect a portion of trading fees and Unichain revenues to a UNI burn mechanism, including a retroactive burn of 100,000,000 UNI and Protocol Fee Discount Auctions to internalize MEV.
- A five-member board featuring co-founders Hayden Adams, Devin Walsh and Ken Ng, joined by Callil Capuozzo and Hart Lambur, would oversee the new structure, marking Uniswap's most significant governance evolution since 2020.
- The proposal would create a 20,000,000 UNI annual growth budget, set fees on key front-end products to zero, and evolve Uniswap v4 into an onchain aggregator with hooks.
22 Articles
22 Articles
Uniswap Fee Switch Proposal Sparks 50% UNI Rally
Uniswap’s native token UNI surged 50% to an intraday high of $9.94 hours after Uniswap Foundation and Uniswap Labs jointly proposed a governance upgrade to activate protocol fees. The proposal, known as “UNIfication,” aims to activate the long-debated fee switch. It would divert a portion of Uniswap’s protocol fees — currently going to liquidity providers — into a mechanism that burns UNI tokens. The fee switch would redirect between one-quarte…
Uniswap Surges 73% as Whale Activity Hits 4-Year High and Token Burn Proposal Gains Momentum News ETHNews
Key Takeaways Uniswap (UNI) has surged over 70% this week, fueled by a new governance proposal to burn 100 million UNI tokens. Whale transactions reached a 4-year high, signaling intense on-chain activity and market speculation. The number of new UNI wallets hit its highest level since 2022, indicating strong retail participation. Analysts expect potential volatility once initial euphoria fades, though fundamentals remain bullish. According to …
Uniswap Labs Introduces Major Overhaul with UNIfication Proposal
Uniswap Labs, in collaboration with the Uniswap Foundation, has unveiled a new proposal aimed at restructuring the decentralized exchange’s future. Titled “UNIfication,” the proposal, released on November 11, focuses on governance changes, token burns, and an integrated growth strategy to strengthen the platform. Initially, the plan had a brief accidental release on November 10, but it now represents a pivotal shift in how Uniswap operates. At t…
Uniswap Proposes Major ‘UNIfication’ Plan to Activate Protocol Fees, Burn UNI Tokens, and Cut Circulating Supply
Uniswap plans to cut UNI supply by 16% through a new burn and fee activation system. The proposal merges Uniswap Labs and Foundation into one body to align governance and growth. UNI price jumps over 40% as traders react to Uniswap’s new token and protocol changes. Uniswap has introduced a proposal named ‘UNIfication’ to overhaul its token economics and governance. Submitted on November 10, the plan outlines the activation of protocol fees and a…
Uniswap Price Soars 21% on Fee Switch and Token Burn Proposal— Eyes $15 Target
Uniswap price has captured market attention after staging an explosive 21% rally in the past 24 hours, lifting it beyond crucial resistance zones and reigniting bullish sentiment. This spurt is a major breakthrough following months of consolidation in a falling channel. The rebound is also consistent with the release of the UNIfication proposal by Uniswap, The post Uniswap Price Soars 21% on Fee Switch and Token Burn Proposal— Eyes $15 Target a…
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