PANews reported on November 27th that, according to Snapshot voting results, Uniswap's "UNIfication" governance proposal received over 63 million UNI in support and almost zero opposition in the provisional vote. The proposal aims to unify the governance structure of Uniswap Labs and the foundation, and activate the protocol-level fee mechanism. The fee-switch smart contract has been included in the Cantina bug bounty program, with a reward of $15.5 million. Formal on-chain voting is expected to begin next week, and if the proposal passes, it will facilitate the implementation of the UNI governance token revenue distribution mechanism.
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