Uniswap submitted two governance proposals, and all new protocol fees will go into the UNI burn mechanism

Uniswap founder Hayden posted on the X platform that Uniswap has just submitted two governance proposals for final on-chain voting, including enabling v2 and v3 protocol fees on the Robinhood Chain, as well as enabling v4 protocol fees on Ethereum, Base, Arbitrum, Robinhood, BNB, Polygon, and Optimism. The remaining third proposal related to v4 chain is about to be submitted.

Both proposals will direct all new protocol fees into the existing UNI burn mechanism. Based on the current trading volume, especially the trading volume related to Robinhood, the impact on UNI burn is expected to be significant.