Uniswap 'Unification' Proposal Passes with 69 Million UNI Votes, Triggers Fee Switch Activation
Uniswap’s “Unification” governance proposal passed on December 22 with over 69 million UNI votes, well above the 40 million threshold, according to on-chain data. Uniswap’s UNI token rose about 25% to $6.5, while a whale address opened a 10x UNI long ahead of the vote and now holds roughly $870,000 in unrealized profit on a $5.6 million position, per HyperInsight. Proposed by Hayden Adams, the plan includes a two-day timelock before burning 100 million UNI and activating v2/v3 fee switches to support ongoing token burns.