On February 28, the Uniswap community launched the final vote to activate the protocol fee switch across eight chains: Base, Arbitrum, Optimism Mainnet, World Chain, X Layer, Celo, Soneum, and Zora. The fee switch proposal aims to redirect at least one-sixth of transaction fees on these networks from LP revenue to UNI token holders via equivalent UNI burns. Ethereum Mainnet v2 and select v3 pools have had fee sharing in place since late last year, generating roughly $3.3 million in revenue. The proposal also plans to cover the remaining v3 pools on Ethereum. The final two proposal votes are set to conclude on March 4.
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