The Uniswap community began its final on-chain governance vote on the UNIfication proposal on December 19, 2025, running through December 25 or 26, 2025, per gov.uniswap.org and Hayden Adams’ announcement. Submitted by Hayden Adams, Ken Ng, and Devin Walsh from Uniswap Labs and the Foundation, the proposal activates the long-dormant fee switch for v2 and v3 pools on Ethereum mainnet, routing fees to UNI burns, per blog.uniswap.org. If passed, a 2-day timelock precedes execution, including a retroactive burn of 100 million UNI from the treasury (estimated missed fees since launch), theblock.co.
The fee switch starts with v2 pools (0.05% protocol fee) and select v3 pools (80-95% of LP fees), gradually expanding to L2s, v4, and UniswapX, per. Fees will programmatically buy and burn UNI, reducing supply and tying token value to protocol revenue ($1B+ YTD in fees), per The Block. The 100M UNI burn (~15.8% of supply, worth ~$500M at $5) aims to compensate for historical missed opportunities, per Coindesk.com. Unichain sequencer fees will also feed the burn mechanism.
UNI rallied 7-8% to ~$5.31 post-announcement, with $3.35 market cap and 4a .56% 24-hour gain despite a 47.63% volume dip, per CoinMarketCap. Analysts predict $6-7 in the short term if passed, with $10+ in the long term from value accrual, per fxstreet.com. Voting requires a 40M UNI quorum, per gov.uniswap.org. X sentiment is bullish, with delegates urged to vote before Christmas@haydenzadams.
Approval could transform UNI from a governance token to a revenue-linked asset, boosting DeFi adoption, per. Monitor the vote on gov.uniswap.org and the UNI price on TradingView. Dollar-cost average UNI with stop-losses below $4.87, or diversify into USDC. Follow @uniswap on X for updates. The vote’s outcome by December 25 could mark a pivotal shift for Uniswap in 2025.
