Uniswap Nears Historic Governance Decision as Vote Receives Overwhelming Support

Proposal Approval: A long-discussed governance proposal for Uniswap is nearing unanimous approval, with overwhelming support and minimal resistance from the community, indicating a strong consensus for execution.

Economic Design Changes: The proposal aims to align Uniswap's economic design with its governance, introducing significant changes such as a supply reduction of approximately 100 million UNI tokens and activating fee switches on V2 and V3.

Legal Framework: Uniswap Labs plans to formalize its governance alignment through a binding agreement under Wyoming’s DUNA framework, enhancing the legal weight of governance decisions beyond the blockchain.

Community Expectations: The community is focused on the future of Uniswap's economic design rather than debating the proposal's passage, highlighting a decisive governance capability when consensus is reached.