Uniswap Token Burn Moves Closer to Reality as 99% of Voters in Favor of ‘Fee Switch’ Proposal

Uniswap token burn moves closer to reality as 99% of voters in favor of ‘fee switch’ proposal

The protocol’s “UNIfication” proposal has already crossed quorum, with more than 69 million UNI tokens voting in favor and virtually no opposition as of Monday.

Uniswap Fee Switch Proposal Hits Quorum With 40M UNI Votes

The Uniswap governance proposal known as UNIfication has crossed a key milestone. On-chain data showed the proposal surpassed the required quorum of 40 million UNI votes. At the time of reporting, more than 69 million UNI voted in favor. While opposition remained negligible, below 1,000 UNI. The vote remains active until December 25. However, the quorum threshold is already met, placing the proposal on track for approval unless a major voting re…

Historic Uniswap Governance Proposal To Burn 100M UNI Passes With Stunning Support

BitcoinWorld Historic Uniswap Governance Proposal to Burn 100M UNI Passes with Stunning Support In a landmark decision for decentralized finance, the Uniswap community has spoken with a resounding voice. A pivotal Uniswap governance proposal known as “UNIFICation” is on the verge of official approval, signaling a major shift in how the world’s largest decentralized exchange manages its treasury and rewards its holders. This vote isn’t just proce…

Uniswap fee switch to go live as community vote set to pass - WorldNL Magazine

Uniswap’s fee switch proposal, designed to boost its token’s supply-demand dynamics via token burns, has passed a community vote threshold and is set to take effect this week. The highly anticipated Uniswap protocol fee switch, dubbed “UNIfication,” is set to pass and go live later this week, having reached the 40 million vote threshold needed to trigger one of the biggest upgrades in the decentralized exchange protocol’s seven-year history.As o…

Uniswap Fee Switch Set to Take Effect Before New Year

The highly-anticipated Uniswap procedure charge switch, called “Marriage,” is set to pass and go live later on today, having actually reached the 40 million vote limit required to activate among the greatest upgrades in the decentralized exchange procedure’s seven-year history. Since early Monday, almost 62 million votes have actually currently been cast in favor of the Marriage governance proposition because voting opened on Dec. 20, with ballo…

Uniswap fee switch to go live as community vote set to pass

Uniswap’s fee switch proposal, designed to boost its token’s supply-demand dynamics via token burns, has passed a community vote threshold and is set to take effect this week.