Uniswap Sets All Interface Fees to Zero Following Governance Vote

Uniswap set all interface fees on its app and API to zero on Dec. 28, BlockBeats reports. The change follows approval of a fee switch activation proposal that will enable fee switches on Uniswap v2 and v3 on the Unichain mainnet after a two-day timelock, triggering UNI token burns. The proposal will burn 100,000,000 UNI from the Uniswap Foundation's treasury and introduce a protocol fee discount auction system to boost returns for liquidity providers.