Uniswap has launched a final vote on activating protocol fee switches across eight blockchains, including Base, Arbitrum, and OP Mainnet. The proposal aims to allocate at least one-sixth of transaction fees from these networks to liquidity providers, with rewards for UNI holders who burn an equivalent amount of tokens. Since the introduction of fee sharing on Ethereum's mainnet, approximately $3.3 million in revenue has been generated. The proposal could potentially double this revenue by including remaining Ethereum v3 pools.
Since the voting began, UNI's price has increased by about 9% over the past week, outperforming Bitcoin and Ethereum. The final votes are set to conclude on March 4th, potentially enhancing rewards for UNI holders and liquidity providers.
Uniswap Initiates Multi-Chain Fee Sharing Vote to Boost UNI Rewards
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