Uniswap governance considers activating protocol fees on all v3 pools, expanding to eight additional chains

Uniswap governance is evaluating a proposal to activate protocol fees across all remaining v3 pools on Ethereum and expand fee collection to eight additional chains: Arbitrum, Base, Celo, OP Mainnet, Soneium, X Layer, Worldchain, and Zora. This change would implement a new tier-based fee adapter, applying protocol fees automatically based on liquidity provider tiers, representing a significant shift in Uniswap’s value capture strategy. The proposal leverages the streamlined “UNIfication” governance process, allowing for faster updates and utilizing a burn mechanism to convert fees into UNI tokens. Initial fee activation in December showed positive results, with increased TVL and functioning burn infrastructure, prompting this expansion. Collected fees on Layer 2 networks will be bridged to Ethereum for burning, utilizing dedicated contracts for mainnet burns. This move aligns with Uniswap’s broader efforts to formalize protocol revenue and enhance its ecosystem, including recent changes to token launches and institutional partnerships like the integration with BlackRock’s BUIDL.

(Source：The Block)