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Uniswap has launched a final vote on the multi-chain fee switch, proposing to allocate a portion of the fees to UNI token holders.
Svmuu News: The Uniswap community has launched a final vote on enabling the protocol fee switch on eight chains: Base, Arbitrum, OP Mainnet, World Chain, X Layer, Celo, Soneium, and Zora.The proposal aims to allocate at least one-sixth of the transaction fees from these networks from liquidity provider revenue into a “token jar” and distribute the equivalent value in UNI to token holders through burning.Previously, since Ethereum’s mainnet v2 and some v3 pools began sharing transaction fees at the end of last year, they have generated approximately $3.3 million in revenue. This proposal also plans to extend the scheme to the remaining v3 pools on Ethereum. The two related final votes will conclude on March 4. (DL News)
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