Uniswap Labs and the Uniswap Foundation have unveiled a significant governance proposal named 'UNIfication' aimed at transforming the protocol's economic and governance structures. The plan includes activating protocol fees and implementing a UNI token burn mechanism. A retroactive burn of 100 million UNI tokens is proposed, alongside redirecting a portion of trading and Unichain fees to support this burn. The proposal also suggests consolidating Uniswap Labs into the Uniswap Foundation to focus on protocol growth, with all product fees set to zero. Additionally, a 20 million UNI annual growth budget is planned to commence in 2026, marking a strategic shift towards a unified growth strategy for the platform.
Uniswap Proposes 'UNIfication' Plan with UNI Burn and Fee Overhaul
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