Uniswap fee switch proposed to expand to eight chains, burning UNI allows users to claim protocol revenue
According to ChainCatcher, Uniswap token holders began voting this Thursday on a major proposal to activate the protocol fee switch for two protocol versions on eight Layer 2 blockchains, including Base, Arbitrum, and OP Mainnet. Once activated, at least one-sixth of the fees collected from liquidity providers on these chains will be transferred to the token pool, allowing investors who burn an equivalent amount of UNI tokens to claim them. This is expected to more than double the current returns.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dom Kwok to XRP Holders: Next Bull Market Will Be the Biggest We’ve Ever Seen
SUI Price Reclaims $1 as Analysts Watch $1.50 Resistance
Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
