Uniswap Ratifies UNIfication Proposal to Burn 100 Million UNI, Reshaping Fee Structure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Fee Structure Overhaul: Uniswap's UNIfication proposal, ratified with 99.9% support, introduces a fee switch that reallocates a portion of transaction fees to the protocol itself, thereby continuously funding the burning of UNI tokens and significantly reducing the circulating supply.
- Massive Token Burn: Following the proposal's approval, a two-day waiting period will enable the burning of 100 million UNI tokens, a volume that aligns with what could have been achieved had the fee switch model been active since the token's inception, reflecting the protocol's original deflationary vision.
- Strong Community Consensus: The proposal garnered over 125 million affirmative votes against just 742 opposing votes, showcasing the cohesive leadership between Uniswap Labs and the Uniswap Foundation, which enhances the overall governance structure.
- Strategic Consolidation: The UNIfication initiative also consolidates the Uniswap Foundation's teams under Uniswap Labs, eliminates fees from various services, and allocates a UNI-backed budget for ecosystem development, setting the stage for expansion over the next decade.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







