A DEX fee switch proposal enters voting countdown: 100 million UNI to be burned, fee switch about to be activated

【Blockchain Rhythm】Another major move in a certain DEX ecosystem. The founder recently announced that the fee toggle proposal has entered the final governance voting stage, with the voting scheduled for 10:30 PM on December 19th Eastern Time, lasting until December 25th.

What will happen if this proposal passes? After the two-day deadline, 100 million UNI tokens will be directly burned, and the fee toggle will be enabled on v2 and v3. This means that protocol fees will start to accumulate and be used for burning UNI as well as supporting the operation of Unichain.

In fact, this proposal was initiated together with the Foundation as early as mid-November, with the core goal of establishing a long-term sustainable operational model. Simply put, by enabling the fee mechanism, the protocol’s usage will directly drive token burns, while allowing the development team to focus on product development and ecosystem expansion. This design not only provides value support for UNI holders but also gives the team space to focus on their work.