Uniswap’s UNIfication Proposal Passes With Near‑Unanimous Support

Uniswap governance has overwhelmingly approved the UNIfication proposal, formally green‑lighting the activation of the protocol’s fee switch and a burn of 100 million UNI tokens.

The vote, which concluded on Thursday, showed an extraordinary level of consensus across the DAO.

Vote Breakdown

• For: 125.3 million UNI
• Against: 742 UNI

The margin underscores near‑total alignment among UNI holders on one of the most consequential governance decisions in Uniswap’s history.

Uniswap governance portal:
https://gov.uniswap.org/

What the Proposal Does

The UNIfication proposal authorizes three major changes:

1. Protocol fee switch activation
   
2. • Enables Uniswap to capture a portion of swap fees at the protocol level
   • Moves UNI closer to explicit value accrual tied to usage

1. 100 million UNI burned
   
2. • Permanently removes tokens from circulation
   • Represents a meaningful supply reduction

1. Frontend fee removal (after a short timelock)
   
2. • Improves user experience and competitiveness
   • Encourages higher trading volumes

Why This Vote Matters

For years, Uniswap’s fee switch existed in code but remained inactive. Turning it on marks a shift from pure infrastructure to a revenue‑generating protocol, aligning Uniswap with broader DeFi trends toward sustainable economics.

The burn further reinforces this shift by directly reducing circulating supply.

Market and Ecosystem Implications

The combination of:

• Near‑unanimous governance support
• Clear value‑accrual mechanics
• Supply reduction

positions UNI as more than just a governance token. Analysts see the vote as a signal of DAO maturity and growing confidence in Uniswap’s long‑term regulatory and operational footing.

What Happens Next

Following the vote:

• A timelock period will elapse
• The fee switch will be activated on‑chain
• The 100M UNI burn will be executed

Market participants will be closely watching early protocol fee data and any follow‑up governance proposals on how captured fees are allocated.

Conclusion

With 125.3M UNI voting in favor and just 742 UNI against, Uniswap’s UNIfication proposal passed with one of the strongest mandates ever seen in DeFi governance.

Execution now begins—marking a new chapter in Uniswap’s economic model.