Uniswap's "Proposal to Activate Fee Switches" has been approved; v2 and v3 fee switches will be activated on Unichain.

According to Odaily Planet Daily, Uniswap's "Proposal to Activate Fee Switch" has passed its final governance vote. After a two-day lock-up period, the Uniswap v2 and v3 fee switches will be activated on the Unichain mainnet, triggering the burning of UNI tokens. The proposal will burn 100 million UNI tokens from the Uniswap Foundation treasury and implement a protocol fee discount auction system to increase returns for liquidity providers.