Uniswap founder Hayden Adams’ fee switch proposal secured unanimous support in a governance temperature check, paving the way for a full on-chain vote pending final approval.
On November 19, 2024, Uniswap founder Hayden Adams’ fee switch proposal received 100% approval in a Snapshot temperature check vote, meeting governance thresholds. The vote will close on November 23, after which, if approved, it will move to a full on-chain vote. This proposal is part of the broader ‘UNIfication’ plan, jointly developed by Uniswap Labs and the Uniswap Foundation, which includes enabling protocol fees, initiating UNI token buyback and burn, removing 100 million UNI from the treasury, enhancing liquidity provider yield, and optimizing aggregation in Uniswap v4.