A Uniswap governance proposal seeks to extend the protocol fee collection and burning infrastructure to BNB Chain and Polygon, and to complete the fee activation process on Celo, which was previously unexecuted due to a configuration error. The proposal includes: setting TokenJar as the fee receiver for V2 protocols on BNB Chain, Polygon, and Celo; assigning V3OpenFeeAdapter as the owner of the V3 Factory on the respective chains; on Celo, transferring the feeToSetter role and ownership of the V4 PoolManager to CrossChainAccount. The proposal states that fees from each chain will be aggregated into the corresponding TokenJar, after which UNI will be cross-chain bridged back to Ethereum Mainnet and sent to a burn address.
Uniswap Proposes Expanding Protocol Fees to BNB Chain and Polygon
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Uniswap has proposed a protocol update to extend its fee collection and burning system to BNB Chain and Polygon, along with a fix for the cross-chain governance pathway on Celo. The on-chain announcement details that V2 protocol fee recipients will be set to TokenJar on all three chains, with V3 Factory ownership assigned to V3OpenFeeAdapter. On Celo, the feeToSetter role and V4 PoolManager ownership will be transferred to CrossChainAccount. All fees will be aggregated into TokenJar, bridged to Ethereum, and sent to the burn address.
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