Uniswap Labs and the Uniswap Foundation have posted a joint governance proposal, “UNIfication,” that would activate Uniswap protocol fees and route value into a programmatic onchain UNI burn mechanism, per the Uniswap Foundation voting portal.
If the vote passes, it would execute eight function calls, including transferring 100 million UNI to a burn address and updating contracts to enable protocol fees on Uniswap v2 and selected v3 pools. The spec also includes approving 40 million UNI for a two-year vesting schedule and attaching finalized services and indemnification agreements.
The proposal positions rollout as phased. It says v2 LP fees would move from 0.3% to 0.25%, with a 0.05% protocol fee once activated; v3 protocol fees would initially be set as a fraction of LP fees at the pool level. It also directs Unichain sequencer fees, after L1 data costs and the 15% allocation to Optimism, into the same burn pathway, with an update noting adjustments to the v3 pool list.
Source: Uniswap Foundation.
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