Uniswap Governance Approves Unification Proposal, Burning 100 Million UNI

Uniswap’s Unification proposal has been approved through a governance vote, leading to the planned burn of 100 million UNI tokens, activation of protocol fee switches, and removal of frontend fees following a two-day timelock, according to Cointelegraph. The vote consolidates previously discussed protocol mechanisms from Uniswap’s community forums and changes the decentralized exchange’s token economics and revenue distribution structure.