Uniswap Community to Launch Two Key On-Chain Votes Starting Tomorrow, UNI Burn Volume Expected to Rise

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Uniswap community members will cast on-chain votes from July 19 to 26. The first proposal enables protocol fees for v4 liquidity pools on seven chains, including Ethereum and BNB Chain. A second vote, submitted by Hayden Adams, extends v2 and v3 fee mechanisms to Robinhood Chain. Both proposals will direct fees into the UNIfication burn mechanism. Last month, Uniswap burned 186,000 UNI tokens in a single day. This token launch news underscores ongoing efforts to reduce supply.

Huo Xing Cai Jing reports, according to The Block, Uniswap governance will hold two key on-chain votes from July 19 to 26. The first proposal seeks to enable protocol fees on v4 liquidity pools for the first time, covering seven chains: Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain, targeting three types of pools: static fee pools, pools launched via continuous liquidation auctions, and aggregator hooks pools; proposals for the remaining five chains will be submitted subsequently. The second proposal, submitted by Uniswap founder Hayden Adams, aims to extend the fee mechanism from v2 and v3 to Robinhood Chain. Fees generated by both proposals will feed into the UNIfication burn mechanism. Last month, the Uniswap protocol set a record for a single-day burn of 186,000 UNI.

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