Uniswap submits two governance proposals: all new protocol fees will be allocated to the UNI burn mechanism

According to Odaily, Uniswap founder Hayden posted on X stating that Uniswap has just submitted two governance proposals for final on-chain voting. These include enabling v2 and v3 protocol fees on Robinhood Chain, as well as enabling v4 protocol fees on Ethereum, Base, Arbitrum, Robinhood, BNB, Polygon, and Optimism. The remaining third proposal related to v4 chain will be submitted soon. Both proposals will direct all new protocol fees into the existing UNI burn mechanism. Based on current trading volumes, especially those related to Robinhood, the impact on UNI burning is expected to be significant.