The governance proposal voting to activate the UNI transaction fee switch has entered its final stage. The vote will officially end at 2:11 AM on December 26th, Beijing time.

If this round of voting passes, the subsequent process will be as follows: after waiting for a 2-day period, 100 million UNI tokens will be burned, and the fee switches for Uniswap v2 and v3 will be activated on the mainnet, beginning the burning of UNI tokens and Unichain-related fees.

From the price performance perspective, as soon as the news came out on December 18th, UNI experienced a surge. Just now, there was another rally, and the market is asking whether it can break through the 5.55 level. To be honest, the overall expectation before the vote ends was quite good, but returning above $10 is still quite challenging—there is a clear technical resistance at this price level.

For friends holding positions, this window period before the vote ends is indeed worth paying attention to, but the specific actions should still be based on your own risk tolerance.