The Uniswap "UNIfication" proposal passed the preliminary vote with an overwhelming majority, launching a $15.5 million bug bounty program

According to The Block, Uniswap's "UNIfication" governance proposal has received support of over 63,000,000 UNI tokens in the preliminary Snapshot vote, with almost no opposition. The proposal aims to unify Uniswap Labs and the Uniswap Foundation under a coordinated governance framework while activating a protocol-level fee mechanism.

Currently, a $15,500,000 Cantina bug bounty program has been launched, covering the new fee switch smart contract in preparation for a full on-chain vote expected next week.