Uniswap fee switch to go live as community vote set to pass

cointelegraphPublicado a 2025-12-22Actualizado a 2025-12-22

Resumen

The highly-anticipated Uniswap "UNIfication" governance proposal is set to pass, having received over 62 million favorable votes, far exceeding the required 40 million threshold. The proposal will activate the protocol fee switch, leading to the burning of 100 million UNI tokens from the Uniswap Foundation’s treasury. It also introduces a Protocol Fee Discount Auctions system to boost liquidity provider returns. These changes aim to improve UNI’s supply-demand dynamics and long-term value. Since voting began, UNI’s price has risen around 25%, trading at $6.08. The proposal received strong support from major crypto figures, with minimal opposition. The Uniswap Foundation assured that protocol development remains a priority and will create a Growth Budget using 20 million UNI tokens.

The highly-anticipated Uniswap protocol fee switch, dubbed “UNIfication,” is set to pass and go live later this week, having reached the 40 million vote threshold needed to trigger one of the biggest upgrades in the decentralized exchange protocol’s seven-year history.

As of early Monday, nearly 62 million votes have already been cast in favor of the UNIfication governance proposal since voting opened on Dec. 20, with voting set to close on Thursday, Christmas Day.

Uniswap Labs CEO Hayden Adams said on Thursday that a successful vote would follow a two-day timelock period in which Uniswap v2 and v3 fee switches would flip on the Unichain mainnet, triggering the burning of more Uniswap (UNI) tokens.

The proposal will see 100 million UNI tokens burned from the Uniswap Foundation’s treasury, while a Protocol Fee Discount Auctions system to increase liquidity provider returns would also be implemented.

The changes are expected to significantly improve the supply-demand dynamics of the UNI token and make it a more appealing token to hold over the long-term.

UNI has gained around 25% since the UNIfication voting opened, and is currently trading at $6.08, helping to pull it out of a month-long slump amid a broader market pullback that saw it fall to a seventh month low of $4.88.

*Change in UNI’s price over the last week. Source:* *CoinGecko*

News of the UNIfication proposal in early November spurred a near 40% rally in the UNI token, taking it from about $7 to $9.70 on Nov. 11.

Uniswap is the largest decentralized exchange and has processed more than $4 trillion in trading volume since launching in November 2018. CoinGecko data shows that UNI is the 39th largest token by market cap, at $3.8 billion.

Big names back UNIfication proposal

Several crypto heavyweights with significant voting power backed the UNIfication proposal, including Jesse Waldren, founder and managing partner at crypto-focused venture capital firm Variant, Kain Warwick, the founder of decentralized finance protocols Infinex and Synthetix, and Ian Lapham, who previously worked as an engineer at Uniswap Labs.

Related: Altcoin season never ended, traders just missed the winners: Hayes

Only 741 votes, about 0.001% of those cast, have opposed the proposal so far, while a little over 1.5 million votes have abstained.

*Vote distribution for the UNIfication proposal as of late Sunday. Source:* *Uniswap*

Uniswap will still prioritize protocol development

At the time the proposal was made, the Uniswap Foundation assured builders that it wouldn’t scrap issuing grants to improve protocol development and growth, stating that supporting builders would remain a priority.

The Uniswap Foundation plans to create a Growth Budget to meet these goals, which would involve distributing 20 million UNI tokens.

Magazine: 11 critical moments in Ethereum’s history that made it the No.2 blockchain

Preguntas relacionadas

QWhat is the name of the Uniswap governance proposal that is set to pass, and what is its primary purpose?

AThe proposal is called 'UNIfication.' Its primary purpose is to activate the protocol fee switch, which will burn UNI tokens and implement a Protocol Fee Discount Auctions system to increase liquidity provider returns.

QHow many votes were required for the UNIfication proposal to pass, and how many have been cast in favor so far?

AThe proposal required 40 million votes to pass. As of early Monday, nearly 62 million votes have been cast in favor of it.

QWhat are the two main changes that will occur if the UNIfication proposal is successfully implemented?

AFirst, 100 million UNI tokens will be burned from the Uniswap Foundation's treasury. Second, a Protocol Fee Discount Auctions system will be implemented to increase returns for liquidity providers.

QHow has the price of the UNI token reacted to the news of the UNIfication proposal?

AThe UNI token gained around 25% since the voting opened, rising from a seven-month low of $4.88 to trade at $6.08, helping it recover from a prolonged slump.

QWhich prominent figures in the crypto industry have publicly backed the UNIfication proposal?

AProminent backers include Jesse Waldren (founder of Variant), Kain Warwick (founder of Infinex and Synthetix), and Ian Lapham (a former Uniswap Labs engineer).

Lecturas Relacionadas

From 'Old Guys' to 'New Favorites': How AI Is Revaluing Old Infrastructure from Dell to Nokia?

From "Vintage Tech" to "New AI Darlings": How AI Revalues Old Infrastructure One year ago, tech giants like Dell, Nokia, Cisco, and Western Data were seen as slow-growth, low-valuation stories, far from the AI spotlight dominated by players like Nvidia. Now, these legacy tech stocks are gaining market attention, sparking debate on whether this is genuine industry revaluation or a temporary narrative. As AI moves from model parameters to real-world data centers, the market is recognizing companies with proven delivery and infrastructure capabilities. This shift marks a change in the AI investment thesis: from pure model and GPU focus to the complex systems engineering required for deployment. Companies like Dell, HPE, and Corning are being revalued not for being "sexy" AI innovators, but for their decades of accumulated expertise in supply chains, enterprise delivery, and infrastructure—assets that have become critical in the AI buildout phase. The revaluation is unfolding across three key infrastructure lines: 1. **Servers & System Integration:** Dell and HPE are emerging as crucial system integrators or "general contractors" for AI data centers, translating GPU orders into complete, deployable server racks integrated with power, cooling, and networking. 2. **Networking & Connectivity:** AI's scale demands robust high-speed connections. Corning (fiber optics), Nokia (AI-RAN, 6G), and Cisco (data center switches) are gaining importance for enabling efficient data transfer within and between AI clusters. 3. **Storage:** Beyond high-speed memory (HBM/DRAM), the AI data explosion is driving demand for high-capacity hard drives (HDDs) from companies like Western Digital and Seagate to handle training data, logs, and cold storage cost-effectively. For this revaluation to be substantive and not just a narrative, three criteria are key: 1) Concrete AI-related order and revenue growth (e.g., Dell's AI server sales), 2) Upward revisions to company financial guidance, and 3) Sustainable improvements in profit quality, not just top-line revenue spikes. In essence, AI's transition to a real construction phase is re-pricing "old assets" against "new demand." The opportunity, however, is selective. Only those legacy firms that are demonstrably integrated into the capital expenditure chains of data center and enterprise AI deployment are likely to experience a true "logic re-rating" rather than just a temporary valuation bounce.

marsbitHace 5 min(s)

From 'Old Guys' to 'New Favorites': How AI Is Revaluing Old Infrastructure from Dell to Nokia?

marsbitHace 5 min(s)

The Merger of Codex and ChatGPT Marks the Beginning of a Major Reshuffle in Programming Tools

OpenAI is shifting its strategic focus from ChatGPT to Codex, merging them along with the browser tool Atlas into a unified desktop super-app. This move signals an internal belief that Codex, originally a programming tool, represents the next evolution of AI more than conversational models like ChatGPT. Over the past year, Codex's weekly active users have surged past 5 million. The key distinction is that while ChatGPT answers questions, Codex executes tasks. Enterprises increasingly value this ability to get work done over simply receiving advice. Consequently, Codex is attracting professionals beyond developers, including analysts, bankers, marketers, and product managers. OpenAI's reorganization and increased investment in Codex stem from recognizing that the future of AI competition lies in execution capabilities, not just conversation. The company is launching role-specific plugins (e.g., for data analysis, sales, design) to transform Codex into a broad knowledge work platform that automates and redefines white-collar workflows. Beyond being a tool, Codex reflects OpenAI's ambition to redefine software. New features like "Sites"—which generates interactive websites from documents—and collaborative "Annotations" aim to create a paradigm where the AI understands the goal and handles the tools and steps, functioning more like a digital colleague than traditional software. The ultimate goal is a unified experience where the user cares only about the completed task.

marsbitHace 15 min(s)

The Merger of Codex and ChatGPT Marks the Beginning of a Major Reshuffle in Programming Tools

marsbitHace 15 min(s)

Interpreting Investment Opportunities in the Age of Great Navigation, Invesco Great Wall Fund Releases '2026 Report on Chinese Enterprises Going Global'

Invesco Great Wall Fund has released its "2026 China Corporate Globalization Report," titled "The 'Great Navigation Era' of Chinese Enterprises." The report analyzes the new trends and investment opportunities as Chinese companies expand globally, moving from simple product exports to comprehensive overseas operations involving services, branding, and local production. Driven by factors like trade friction, the pursuit of higher profit margins abroad, and policy support, globalization is becoming essential for Chinese companies. The report outlines an evolution: from early product export ("Globalization 1.0") to the current "Globalization 2.0," characterized by overseas capacity, capital goods investment, consumer brand expansion, and service exports. Chinese firms' competitive advantages are highlighted, including a vast engineer talent pool, low-cost and robust infrastructure, and complete industrial clusters. Specific sectors with significant出海 potential are identified: * **Capital Goods** (e.g., engineering machinery, power equipment): Benefiting from global demand, especially in Belt & Road markets and the AI-driven power grid upgrade cycle. * **Consumer Brands**: Transitioning from cost to brand advantage, leveraging供应链 efficiency. * **Technology & Innovation**: Including AI applications, optical modules within global tech supply chains, and new energy vehicles focusing on local production. * **Pharmaceuticals**: Chinese biotech firms are becoming preferred partners for global pharma, with potential for breakthrough drugs in areas like oncology and weight loss. The report concludes that corporate globalization represents a sustained, core theme for China's capital markets, though companies must navigate challenges like geopolitics and localization.

marsbitHace 27 min(s)

Interpreting Investment Opportunities in the Age of Great Navigation, Invesco Great Wall Fund Releases '2026 Report on Chinese Enterprises Going Global'

marsbitHace 27 min(s)

Bitcoin Bull Michael Saylor Hints At Next Purchase With Cryptic Post

MicroStrategy's stock (MSTR) has declined sharply, dropping over 9% in a day and 25% over the past month, following the company's first Bitcoin sale in years. The firm sold 32 BTC for approximately $2.5 million, raising investor concerns about further sales. Meanwhile, Executive Chairman Michael Saylor sparked speculation of a renewed Bitcoin purchase with an unusual midweek social media post stating "Back to Work," breaking from his typical Sunday routine. The company holds about $900 million in cash and recently raised $128 million through share sales. Despite the recent activity, MicroStrategy remains the world's largest corporate Bitcoin holder with 843,706 BTC. Additional speculation arose from the firm moving Bitcoin to Coinbase Prime.

bitcoinistHace 45 min(s)

Bitcoin Bull Michael Saylor Hints At Next Purchase With Cryptic Post

bitcoinistHace 45 min(s)

GitHub, Transfixed by AI

On the night of February 9th, GitHub suffered a major outage caused by a simple configuration change—reducing a cache refresh interval from 12 to 2 hours—that triggered a cascade of failures. This was not an isolated event, but part of a broader pattern. In early 2026, GitHub experienced at least 8 major incidents, failing to meet its promised 99.9% availability. These outages stemmed from structural issues: explosive growth in load, tight service coupling, and insufficient protection against abnormal traffic. This unprecedented load is driven by AI Agents. In 2025, GitHub handled ~1 billion commits. By 2026, weekly commits reached 275 million, projecting to ~14 billion for the year—a 14x increase. AI tools like Claude Code now contribute 4.5% of all public repository commits, with weekly submissions surging 25x in just three months. AI-generated pull requests jumped from 4 million to 17 million per month in half a year. Unlike human developers, AI Agents work continuously, generating commits at a scale that overwhelms infrastructure designed for human rhythms. The surge also shattered GitHub's business model. Copilot's flat-rate pricing, based on assisting human developers, became unsustainable as Agentic AI sessions consumed resources worth hundreds of dollars for a few dollars in fees. In response, GitHub imposed usage limits and, by June 1st, shifted to a pay-per-use "AI Credits" system. Facing this new reality, GitHub realized a 10x scaling plan was insufficient. It announced a need to *redesign* its architecture for 30x current scale—decoupling services, adding fault isolation, and improving change management to prevent cascading failures. Other platforms like Stripe and AWS are facing similar challenges with AI Agents. Fundamentally, GitHub is transitioning from a human collaboration platform to an "exhaust pipe" for automated AI workflows. Its detailed post-mortem reports aim to maintain trust during this turbulent rebuild. The February outage was not just a technical glitch, but a signal of the software industry's entry into a new, AI-driven era.

marsbitHace 1 hora(s)

marsbitHace 1 hora(s)

Trading

Spot

Futuros