Uniswap Governance Votes to Activate Protocol Fees for v4 Pools for the First Time

Uniswap governance will vote on proposals to activate protocol fees for select v4 pools and expand fee collection on Robinhood Chain. According to The Block, both proposals will undergo final on-chain voting from September 19 to 26. Hayden Adams, co-founder, stated on social media X (Twitter) that the impact on UNI burning would be significant, considering current trading volume including Robinhood Chain. The v4 proposal aims to activate fees across three categories of pools on major chains including Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain. A separate proposal for the remaining five chains is pending. Adams' Robinhood Chain proposal activates v2/v3 fees, as Uniswap deployed all versions together when Robinhood Chain launched in July. Cumulative swap volume across versions exceeded $6 billion by July 10.