The Uniswap proposal plans to extend protocol fee collection and burning to BNB Chain and Polygon, and to correct the failed fee activation process on Celo due to misconfiguration. The proposal recommends setting TokenJar as the fee receiver for V2 protocols on BNB Chain, Polygon, and Celo, and assigning V3OpenFeeAdapter as the owner of the V3 Factory. The feeToSetter role on Celo and ownership of the V4 PoolManager will be transferred to CrossChainAccount. Fees from each chain will be aggregated to TokenJar, and after UNI is cross-chain bridged back to Ethereum Mainnet, it will be sent to the burn address.
Uniswap Proposes Multi-Chain Fee Expansion and Celo Configuration Fix
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Summary
Uniswap has proposed a protocol update to extend fee collection and burning to BNB Chain and Polygon, while resolving an activation issue on Celo. The on-chain updates include setting TokenJar as the fee receiver for the V2 protocol on all three chains, assigning V3 Factory ownership to V3OpenFeeAdapter, and transferring Celo’s feeToSetter role and V4 PoolManager ownership to CrossChainAccount. All chain fees will be aggregated to TokenJar, with UNI tokens bridged back to Ethereum for burning.
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