Uniswap founder: Final governance vote on Unification proposal submitted, plans to burn 100 million UNI tokens and enable fee switch

According to TechFlow, on December 18, Uniswap founder Hayden Adams disclosed that he has submitted the Unification proposal for the final governance vote. The voting will begin at 10:30 PM EST (UTC+8) on December 19 and end on December 25.

If the proposal passes, after a 2-day timelock period, the following measures will be implemented: 100 millions UNI tokens will be burned; the fee switch for v2 and v3 versions will be activated on the mainnet, initiating the burning of UNI tokens, including Unichain fees; Uniswap Labs will align with Uniswap governance through a contractual agreement, which is legally binding under Wyoming DUNA law.