Uniswap founder: The Unification proposal has been submitted for the final governance vote, aiming to burn 100 million UNI tokens and enable the fee switch

According to Uniswap founder Hayden Adams, he has submitted the Unification proposal for final governance voting. The voting will start at 10:30 PM EST and end on December 25.

If the proposal passes, the following actions will be executed after a 2-day time lock period: burn 100 million UNI tokens; launch the fee switch for v2 and v3 versions on the mainnet, starting the burn of UNI tokens, while including Unichain fees; Uniswap Labs will align with Uniswap governance through a contractual agreement that is legally binding under Wyoming DUNA law.