TechFlow news, December 18 — According to Uniswap founder Hayden Adams, a Unification proposal has been submitted for final governance voting. The vote will begin at 10:30 PM Eastern Time on December 19 and end on December 25.
If the proposal passes, the following measures will be implemented after a 2-day timelock period: burn 100 million UNI tokens; activate the fee switch on v2 and v3 versions on the mainnet, initiating UNI token burns, including fees from Unichain; Uniswap Labs will align with Uniswap governance via a contractual agreement that is legally binding under Wyoming's DUNA law.
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