Uniswap news

Uniswap's governance approved the UNIfication proposal, shifting the protocol to a deflationary model by redirecting trading fees to a burn pool. The plan will immediately burn 100 million UNI tokens after a 48‑hour timelock. The move consolidates Uniswap Foundation duties to Labs, drops interface fees, and creates a UNI‑funded annual growth budget, amid regulatory changes under the SEC.

Uniswap's governance vote on the UNIfication proposal is underway, with early results showing strong support. If adopted, it would activate protocol fees, burn 100 million UNI from the treasury, and bring Uniswap Labs and the Foundation closer together, tightening operational alignment. The week also sees no major crypto events but several DAOs are voting on proposals, and key economic releases are due, including Q3 U.S. GDP, PCE inflation, durable‑goods orders and jobless claims, which may influence market sentiment ahead of year‑end holidays.

Uniswap’s “UNIfication” proposal has passed with over 69 million UNI in favor, a 99 % approval rate that virtually eliminates opposition. Voting remains open until Dec. 25, but the outcome is largely decided. The proposal activates a “fee switch” that redirects roughly one‑sixth of trading fees to a protocol‑controlled pool, where they fund the burn of UNI tokens, linking the token’s value to exchange activity. Estimates suggest about $130 million a year could flow into the burn mechanism, plus a one‑time 100 million‑UNI burn ($940 million). Beyond the burn, the plan merges Uniswap Labs and the Foundation under a unified operational model, moving away from a grant‑heavy governance structure toward an execution‑driven focus on growth and competitiveness.

Uniswap, Hyperliquid, Aster and Huma Finance are heading into a flurry of governance actions before Christmas that could reshape their supply and incentive models. Uniswap’s UNIfication vote, ending Dec 25, would activate protocol fees and burn 100 million UNI from its treasury, a move that sent the token up 30% and to $6.21. Hyperliquid’s validator vote, set for Dec 24, would permanently burn roughly $1 billion of HYPE from its Assistance Fund, wiping more than 10% of the token’s circulating supply and pushing the price to $24.92. Aster is cutting emissions and launching a $12 million “Crystal Weekly Drops” rewards program, while Huma Finance will distribute Vanguard badges to qualifying stakers on Dec 24. These concurrent events – fee switches, large token burns, emission cuts and staking incentives – mark one of the most active pre‑holiday periods for altcoin tokenomics, with potential long‑term effects on supply curves and protocol incentives well into 2026.

Uniswap’s “UNIfication” fee switch has crossed the 40‑million‑vote threshold and is set to activate later this week, following a close to 62 million votes in favor since Dec 20 and a Thursday deadline. The upgrade will burn 100 million UNI from the Foundation’s treasury, launch a Protocol‑Fee‑Discount Auction to boost LP rewards and, according to the proposal, improve UNI’s long‑term supply‑demand balance. High‑profile holders such as Variant’s Jesse Waldren, Kain Warwick of Infinex/Synthetix and former Uniswap engineer Ian Lapham have backed the move, while only 741 votes opposed.

Uniswap's UNI token surged about 19% in 24 hours as on‑chain voting opened for the Unification proposal, which would activate protocol fees across v2 and selected v3 pools and route them into a token‑burn mechanism. The proposal would retroactively burn 100 million UNI from the treasury, align Uniswap Labs, the Foundation and governance, and introduce auction‑based systems to internalize MEV and improve liquidity provider returns. Early voting shows overwhelming support, and the rally reflects renewed market interest in the potential value flow back to holders.

Uniswap’s governance has opened voting on the “UNIfication” proposal, which would activate protocol fees for the first time, burn UNI tokens and shift operational control to Uniswap Labs. If approved, fees from selected v2 and v3 pools would go to a burn mechanism, and an immediate 100 million‑UNI burn would reduce the circulating supply to 529 million. The proposal also grants Labs a 20 million‑UNI annual growth budget, zero interface fees, and a shift in governance from the Foundation.

Uniswap founder Hayden Adams has set a December 19–25 window for a final governance vote on the long‑awaited UNIfication proposal, which would activate protocol fees and restructure token economics. If approved, the plan triggers an immediate burn of 100 million UNI from the treasury, rolls out fee switches on Uniswap v2 and v3, and redirects Unichain sequencer fees into the burn mechanism, while moving operational duties to Uniswap Labs and establishing a 20‑million‑UNI annual budget. The proposal also establishes a legally binding services agreement between Uniswap Labs and governance under Wyoming’s DUNA framework, aiming to align Labs’ activities with UNI holders and eliminate interface, wallet and API fees. The vote comes after a period of regulatory uncertainty; with the fee switch the protocol could shift about 5–20% of LP fees back to the protocol, potentially boosting UNI burn and long‑term growth. UNI shares rose ~7.5% after the announcement.

Citadel Securities sent a 13‑page letter to the SEC arguing that DeFi protocols trading tokenised U.S. equities should be classified as exchanges or broker‑dealers, requiring the same transparency and fair‑access rules as Nasdaq. The SEC’s Investor Advisory Committee held a panel on Dec. 4 that framed tokenised equities as a mainstream market issue, with industry leaders debating whether on‑chain trading can coexist with Regulation NMS and existing investor protections. Uniswap founder Hayden Adams criticized Citadel’s view, claiming it would turn code developers into intermediaries and undermine DeFi’s permissionless ethos, while Citadel warned that exempting DeFi could create a fragmented shadow market.

Uniswap Labs’ policy director Lindsay Fraser has joined the Blockchain Association (BA) as head of its policy office, a move that expands the crypto industry's lobbying reach as Congress debates a digital‑asset regulatory framework. Fraser will steer BA’s work on the Senate’s market‑structure bill, the stable‑coin law, and U.S. crypto taxation, drawing on her DeFi experience. The appointment coincides with BA’s annual policy summit, which will feature SEC, Treasury, and Senate leaders.