🦄 Uniswap has just done something the DeFi community has been waiting for for years. Following a vote with 99.9% approval, the UNIFICATION proposal was officially passed. This marks a turning point in how Uniswap operates and creates value. For the first time, the fee switch is activated. A portion of transaction fees will no longer go entirely to LP, but will flow to the protocol to continuously burn UNI . Fees from Unichain will also be incorporated into this same mechanism. Simply put: @ The more Uniswap is used → the higher the fees → the lower the supply of UNI . To put an end to the past, after a 2-day timelock, Uniswap will immediately burn 100 million UNI – an estimated amount that would have been burned if this mechanism had existed from the beginning. The proposal also consolidates all operations under Uniswap Labs, eliminates fees on interfaces, wallets, and APIs, and establishes a long-term growth budget for the ecosystem. 👉 After years of being hampered by legal barriers, Uniswap believes that DeFi has matured enough to move to a new phase: generating real cash flow for Token.