Uniswap fee switch proposed to expand to eight chains, burning UNI allows users to claim protocol revenue

According to ChainCatcher, Uniswap token holders began voting this Thursday on a major proposal to activate the protocol fee switch for two protocol versions on eight Layer 2 blockchains, including Base, Arbitrum, and OP Mainnet. Once activated, at least one-sixth of the fees collected from liquidity providers on these chains will be transferred to the token pool, allowing investors who burn an equivalent amount of UNI tokens to claim them. This is expected to more than double the current returns.