The Uniswap community held a historic vote on the large-scale UNIfication initiative aimed at significantly updating the platform’s financial model. The proposal includes a redistribution of fees, the implementation of a deflationary mechanism, and substantial changes to the governance structure of the protocol.
This is reported by Business • Media
Voting Results and Key Changes
Voting on the UNIfication initiative, developed by Uniswap Labs and the Uniswap Foundation, concluded on the night of December 25, 2025. According to project founder Hayden Adams, the proposal received overwhelming support from participants — over 99.9% of the votes. More than 125 million UNI tokens were cast in favor, while only 742 were against. Significant changes will take effect two days after the proposal’s approval.
“After approximately a two-day delay for implementation, 100 million UNI will be burned, the fee switch will be activated, the lab will disable fees on the frontend and focus on protocol development, and many more changes will follow.”
One of the most significant changes is the one-time burning of 100 million UNI, which represents about 16% of the total circulating supply of tokens. Additionally, part of the fees earned by liquidity providers will be directed towards the buyback and burning of UNI, and the revenues from the Unichain sequencer will also be used for this purpose. Furthermore, Protocol Fee Discount Auctions (PFDA) will be launched, and “hooks” will be implemented to attract liquidity in the new version (V4).
Another innovation will be the merger of the Uniswap Foundation and Uniswap Labs, with the governance functions being transferred to the latter, which is expected to enhance the efficiency of ecosystem management.
Market Impact and Strategic Goals
The news of the proposal’s approval had an immediate impact on the market value of UNI: the daily increase was 3%, and the weekly increase was 20.7%. At the time of preparing this material, the token is trading at around $6.
The UNIfication initiative was first introduced in November 2025, and voting began on December 20. The goal of the proposed changes is to create a sustainable deflationary model that will provide a foundation for the sustainable development of Uniswap in the future.
In his presentation of UNIfication, Hayden Adams emphasized that Uniswap has the potential to become a key platform for token trading, and the new strategy will allow the platform to scale for the next decade.