Uniswap Proposes Extending UNIfication Burn Plan to v4 Liquidity Pools, Snapshot Vote Runs July 7-12

UNI1.63%
According to Cryptopolitan, Uniswap Labs proposed extending its UNIfication token burn initiative to Uniswap v4 liquidity pools, seeking UNI holders' approval to collect protocol fees on select v4 pools and allocate portions to UNI buybacks and token burns. The snapshot vote runs through July 12. UNIfication currently operates across 11 chains, distributing protocol revenue to stakers and for token destruction to enhance token value. If approved, the v4 expansion would strengthen UNI's deflationary mechanism and potentially attract additional liquidity to v4.
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