Uniswap vote on the fee switch exceeds quorum by a large margin – UNIfication upgrade starts this week

The Uniswap community has driven the governance vote on the “UNIfication” fee switch with an overwhelming majority. With nearly 62 million votes cast, the threshold of 40 million was not only reached but exceeded multiple times. The voting process is still ongoing until Thursday, bringing one of the most significant changes in the development of the decentralized exchange protocol imminent.

Token Burn Mechanism Strengthens UNI Economy

The fee switch mechanism is the core of this upgrade. The goal is to optimize the supply and demand dynamics of the token through targeted token burning of Uniswap (UNI). Hayden Adams, founder and CEO of Uniswap Labs, has already confirmed that after successful voting, a two-day timelock phase will be initiated—a proven security measure in the DeFi environment.

Activation on Unichain Mainnet to Follow Soon

Once the timelock period has elapsed, the fee switches for Uniswap v2 and v3 will be activated on the Unichain mainnet. This is likely to trigger a continuous burn process of additional UNI tokens, gradually reducing the supply. The final voting result is expected on Thursday—this upgrade could go live as early as this week.

For long-term UNI holders, this deflationary model could mean a structural increase in the token’s value, while the decentralization of governance has once again been demonstrated.