As per Bijié Wǎng, Uniswap's governance process has reached a landmark decision with near-unanimous support. The proposal, led by Hayden Adams, aims to align the protocol's economic design with its on-chain activity by reducing the circulating supply of UNI tokens by approximately 100 million and reactivating dormant fee-switching features on the mainnet. The move is expected to strengthen the link between protocol usage and token value, signaling a significant shift in governance and economic structure.
Uniswap Governance Proposal Near Unanimous Approval to Restructure Economic Model
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Summary
Uniswap governance has passed a major proposal with near-unanimous support. The plan, led by Hayden Adams, adjusts the protocol’s economic model by reducing UNI’s circulating supply by 100 million and reactivating fee-switching features. The changes aim to better connect protocol usage with token value, reshaping governance and economic incentives.
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