Uniswap governance has successfully passed the UNIfication proposal, which includes a significant 100 million UNI token burn and the activation of protocol fees. The proposal received overwhelming support, with 125,342,017 votes in favor and only 742 against, surpassing the required 40 million vote quorum. These changes are set to be implemented on-chain following a two-day timelock period. The approved measures will shift fee capture to the protocol level, with the one-time token burn aimed at reducing supply and accounting for past fees. Protocol fee switches will be activated on supported pools, while Uniswap Labs will disable frontend fees. Despite the approval, some liquidity providers have expressed concerns about the impact on v3 pool profitability. Market participants are closely monitoring liquidity, fee revenue, and potential future incentives.