ChainCatcher News: Uniswap token holders will start voting this Thursday on a major proposal to activate the protocol fee switch on eight Layer 2 blockchains, including Base, Arbitrum, and OP Mainnet, for two protocol versions. Once activated, at least one-sixth of the fees collected by liquidity providers on these chains will be transferred to the token pool, allowing investors who burn an equivalent amount of UNI tokens to claim the funds. This is expected to more than double current earnings.
The fee switch has been live on Ethereum mainnet v2 and some v3 liquidity pools since December last year, generating a total of $3.3 million in revenue. Since 2026, Base has surpassed Ethereum to become Uniswap’s largest fee source chain, generating $55 million in fees.
Boosted by the proposal news, UNI has risen 9% over the past week, outperforming Bitcoin and Ethereum, which declined during the same period. The final vote will end on March 4.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SafePal Integrates Uniswap to Enhance With In-Wallet Swaps
SafePal has partnered with Uniswap to enhance in-wallet token swapping, providing deeper liquidity and a smoother DeFi experience. This integration allows users to trade directly from the SafePal wallet, reducing reliance on centralized exchanges and improving security.
BlockChainReporter12h ago
Uniswap adds support for the stablecoin public chain Tempo and launches a multi-token payment feature
Gate News reports that on March 19, Uniswap added support for stablecoin public chain Tempo. Meanwhile, the "pay with any token" feature in Uniswap API and Tempo machine payment protocol has officially launched and is now available.
GateNews13h ago
Ethereum governance tool Tally ceases operation, Uniswap and Arbitrum are seeking new alternatives
Cryptocurrency governance tool Tally announced its closure on March 17 after operating for over five years. Tally had provided governance infrastructure for multiple Ethereum protocols, handling over $1 billion in transactions. The shutdown was attributed to poor market timing and failure to fulfill token promises, reflecting the commercialization challenges of DAO governance tools. Despite these challenges, the DAO concept continues to evolve, with future development potentially shifting toward diversified infrastructure construction.
MarketWhisper03-18 02:01
Uniswap’s UNI Is Consolidating Inside a $0.30 Range With a 30% Move Waiting on Either Side
UNI is sitting at $3.94 and going nowhere fast. That’s not necessarily a bad thing, depending on which way it resolves. The four-hour chart shows an ascending triangle forming since mid-February, with price compressing between horizontal resistance at $4.10 and a rising support trendline currently s
BlockChainReporter03-16 01:04
MetaMask integrates Uniswap API to upgrade wallet swapping, supporting liquidity across more than 16 blockchains
MetaMask announced the integration of Uniswap API to improve the liquidity and pricing efficiency of its built-in swap feature. Users can directly access Uniswap's liquidity infrastructure across 16 blockchains to facilitate efficient token exchanges. This integration supports multiple versions of the Uniswap protocol, increasing transaction speed and reducing slippage, thereby enhancing cross-chain trading efficiency. The integration remains free of charge, supporting the development of a decentralized trading ecosystem.
GateNews03-12 08:41
