TechFlow news, November 26 — According to an official announcement, Uniswap's "UNIfication" proposal contract has been deployed on the Ethereum mainnet and is ready for on-chain voting. Anyone who discovers a critical vulnerability will be eligible for a reward of up to $15.5 million.
Previous report, the main contents of the proposal include:
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Enabling protocol fees, with all collected fees used to burn UNI;
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Burning 100 million UNI tokens from the treasury in a one-time event;
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Establishing a Protocol Fee Discount Auction (PFDA) to increase returns for liquidity providers;
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Upgrading Uniswap v4 into an on-chain aggregator that collects fees from external liquidity;
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Adjusting the relationship between Uniswap Labs and the Foundation to jointly focus on protocol development.
