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Uniswap Put Two More Fee Switches Up for a Final Vote. The UNI Burn Could Get Much Bigger

July 18, 2026 10:56 am Comments

Uniswap has put two more pieces of its fee-and-burn system in front of token holders.

Two final onchain votes are scheduled to begin Sunday, July 19. One would switch on protocol fees for Uniswap v2 and v3 on Robinhood Chain.

The other would bring selected Uniswap v4 pools on seven networks into the same system.

Both proposals were still pending when checked Saturday. No votes had been cast, and no new fees were active under either measure.

The first vote, Uniswap Agora proposal 99, is projected to open at 11:12 a.m. Central. It targets the v2 and v3 deployments that went live with Robinhood Chain earlier this month.

The proposal would send two cross-chain instructions through Robinhood Chain’s Ethereum inbox. One directs the v2 factory to route its protocol share to a TokenJar, while the other places the v3 factory under the open fee adapter that already serves Uniswap on other networks.

The vote was still marked pending Saturday with zero votes for or against. Its closing time depends on Ethereum block production, and a successful tally would still have to clear Uniswap’s queue, timelock and cross-chain execution steps before the contracts change.

The second, Uniswap Agora proposal 100, is projected to open at 11:26 a.m. Central. It covers v4 on Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism and Robinhood Chain.

If both pass and complete the execution process, protocol fees from those deployments would flow into the existing UNI burn mechanism.

The word “burn” can make the process sound simpler than it is. Uniswap does not take fee revenue, place a routine market order and hold the purchased UNI in a treasury.

Instead, the protocol routes collected fee assets into immutable TokenJar contracts. Permissionless searchers can claim eligible assets by destroying a required amount of UNI, with the exchange rate structured to give them a small arbitrage incentive.

The UNI is sent to a burn address. On supported layer-2 networks, it is bridged back to Ethereum and destroyed after the relevant bridge-finality period.

Uniswap’s protocol-fee documentation describes that system as a collection of adapters, TokenJars and Releaser contracts. The machinery already handles v2 and v3 fees on 11 other chains.

These votes would widen the intake. They would not invent the burn program from scratch.

Only the active Releaser can withdraw assets from a TokenJar, and each release requires a minimum UNI burn. That design leaves collection onchain while giving outside searchers a reason to keep the conversion process moving.

Governance retains control over the version-specific adapters and fee settings without taking custody of each collected asset, while the TokenJar holds the original fees until a searcher decides the spread is attractive enough to complete a release.

On Robinhood Chain, the v2 proposal preserves the familiar 0.30% trader fee while splitting it into 0.25% for liquidity providers and 0.05% for the protocol. V3 uses different splits across its fee tiers.

V4 is more complicated. The vote covers static-fee pools without hooks, continuous clearing auction pools and approved aggregator-hook pools.

Custom v4 pools outside those groups would remain out of scope.

The proposal would install a fee controller that calculates and routes the protocol’s share alongside each covered pool’s liquidity-provider fee. Celo, Soneium, Worldchain, X Layer and Zora are slated for a later proposal.

Robinhood Chain gives the first vote its urgency. Uniswap launched there on July 1 as a day-one liquidity venue for a network built around tokenized assets, DeFi and round-the-clock markets.

Uniswap’s v2, v3 and v4 contracts all arrived with the mainnet launch. Its web app, wallet and API also added Robinhood Chain support from day one, giving the new network a familiar route for users and developers.

The early usage has been hard to ignore.

Token Terminal estimated roughly $60 million of Uniswap liquidity on Robinhood Chain and about 880,000 monthly active users as of Friday. Those figures describe the protocol’s footprint, not the entire chain, and the network remains only weeks old.

A launch rush can produce spectacular volume without proving durable demand. Memecoin activity, incentives and curiosity can move the first month’s numbers far faster than a mature base of repeat users.

That uncertainty cuts both ways. If Robinhood Chain holds onto its traders, the fee switch could become a meaningful new source of UNI burns. If activity fades, the approved plumbing may collect far less than the headline numbers suggest.

Liquidity providers also have something at stake. A protocol share leaves less fee income for LPs in covered pools, and critics have warned that aggressive settings can push liquidity toward cheaper alternatives.

Uniswap Labs has argued that prior fee activations did not drive major liquidity out of its most important v3 pools. The v4 rollout will give the market a much larger test of that claim.

Governance approval is only one step. Uniswap’s governance process requires quorum and majority support before a successful proposal can be queued, pass through the timelock and reach execution.

Cross-chain instructions add another layer. Robinhood Chain is built with Arbitrum Orbit, so the v2 and v3 changes would travel through retryable tickets before the local contracts update.

A yes vote therefore would not flip the switch the moment the poll closes.

The pending vote pages project a start on Sunday and a close the following Saturday, although the exact time can move with Ethereum block production and the cross-chain delivery schedule before instructions reach each network. Execution would follow only after the final tally and timelock.

Token holders therefore face a sequence of decisions and transactions, rather than one instant activation.

Each proposal must clear the 40 million UNI quorum and finish with more votes for than against. The public timelock then gives delegates and developers time to inspect the queued actions before execution.

The burn itself offers no guarantee that UNI will rise. Its size depends on trading activity, the fees collected, the assets sitting in TokenJars, searcher participation and the pace of bridge settlement.

Still, the direction is clear. Uniswap is steadily turning more of its trading footprint into a source of programmatic UNI destruction.

Sunday’s votes will decide whether Robinhood Chain and a large slice of v4 join that machine. The bigger question comes afterward: whether the new fees can grow the burn without chasing away the liquidity that produces them.

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