Uniswap Opens Vote to Expand Protocol Fees to v4, Robinhood Chain
Summary
- Uniswap is holding a governance vote on two proposals to expand the scope of protocol fees.
- The proposals would apply protocol fees to Uniswap v4 for the first time and extend fees to Uniswap v2 and v3 on Robinhood Chain.
- If approved, newly generated protocol fees would be used for Uniswap token burns, and expanding fee collection to more protocols and chains could increase the scale of those burns.
Forecast Trend Report by Period
Uniswap is holding a governance vote on proposals to expand the application of protocol fees across its decentralized exchange.
The Block reported on July 18 that Uniswap governance had put two fee-related proposals to a vote.
One proposal would apply protocol fees to Uniswap v4 for the first time. The other would extend protocol fees to Uniswap v2 and v3 on Robinhood Chain.
Uniswap deployed v2, v3 and v4 on Robinhood Chain on July 1, when the chain's mainnet launched. Robinhood Chain generated $3.1 billion in decentralized exchange volume in its first week, according to the report.
If approved, the newly generated protocol fees would be used to burn Uniswap tokens. Expanding fees to more protocols and chains could increase the scale of token burns.
Uk Jin
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