Uniswap fee switch proposed to expand to eight chains, burning UNI allows users to claim protocol revenue
According to ChainCatcher, Uniswap token holders began voting this Thursday on a major proposal to activate the protocol fee switch for two protocol versions on eight Layer 2 blockchains, including Base, Arbitrum, and OP Mainnet. Once activated, at least one-sixth of the fees collected from liquidity providers on these chains will be transferred to the token pool, allowing investors who burn an equivalent amount of UNI tokens to claim them. This is expected to more than double the current returns.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreAccording to the latest filing submitted to the U.S. Securities and Exchange Commission, The Walt Disney Company's 364-day credit arrangement will expire on February 26, 2027.
Orion Marine Group recently released its 2026 financial guidance, which fully demonstrates the strong appeal of its end markets and its solid strategic positioning.
Crypto prices
More
