Uniswap Fee Switch Vote Nears Christmas Deadline

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Uniswap’s long-debated UNIfication proposal is heading into the final on-chain vote, closing December 25. If approved, protocol fees will be activated across the ecosystem, and 100 million UNI from the treasury will be burned—representing what would have been collected since inception.

The proposal also includes fee discount auctions, Unisocks liquidity migration, and refocusing Uniswap Labs on protocol development. UNI rallied over 15% in 24 hours, currently trading at $6.21, as holders prepare for the decisive vote.