Uniswap Community Initiates Final Vote on Protocol Fee Switch Across Multiple Chains

Uniswap's community has launched a final vote on enabling protocol fee switches across eight chains, including Base, Arbitrum, OP Mainnet, World Chain, X Layer, Celo, Soneium, and Zora. According to Odaily, the proposal aims to redirect at least one-sixth of transaction fees from liquidity provider income into a 'token jar,' distributing equivalent UNI to holders through a burning mechanism. Since the fee-sharing began on Ethereum's mainnet v2 and some v3 pools late last year, approximately $3.3 million in revenue has been generated. The current plan also intends to cover the remaining v3 pools on Ethereum. The two related final votes are set to conclude on March 4.