Uniswap DAO has released a new proposal to the community that aims to move protocol fee collection and UNI token burning to the BNB Chain, Polygon and Celo networks. This move aims to expand the scope of the UNIfication program, which goes live on the Ethereum mainnet at the end of 2025 and has generated considerable interest.
Community Vote and New Chains
The voting for proposal number 96, published on the Uniswap management portal and titled “Protocol Fee Expansion: Voting 3”, will start on May 24, 2026, according to the Uniswap Foundation’s platform. If the community approves, the fee-burning mechanism, which was previously enabled on Ethereum, Arbitrum, Base, OP Mainnet and five different networks, will now be moved to three new chains.
According to the details in the proposal, the fee for v2 pools in BNB Chain and Polygon will be transferred directly to the smart contract called TokenJar, and the control of the v3 factory will be transferred to the new generation V3OpenFeeAdapter contract. On the Celo side, due to configuration problems experienced in the past, transactions will be more complex and cross-chain accounts will be activated for several roles/transactions.
Mini dictionary: TokenJar and Firepit are smart contracts that play a key role in the Uniswap fee collection and burning system. TokenJar is a smart contract in which protocol fees collected on each chain are accumulated. Firepit is a side contract that completes this process by burning UNI tokens equal to the fee to be withdrawn.
The proposal requires collecting the protocol fee in a central account, first burning UNI for withdrawal, and then sending the burned UNI to the 0xdead address on the Ethereum mainnet.
Effect of Fee Burn Program on Uniswap Ecosystem
UNIfication was activated on Uniswap with the approval of the community in December 2025, and the fee collection and burning practices in the protocol visibly increased the interest in the Uni token. During that period, it was seen that UNI rose from $4.95 to $9.25 in a short time.
Offers 94 and 95, made last March, were supported by a total of 139 million UNI, allowing the expansion of the fee collection mechanism to eight more different chains.
With the latest offer, number 96, the number of networks covered by UNIfication will reach 11. On activated chains, the total fee of 0.3% in v2 pools is divided into 0.25% for liquidity providers and 0.05% for the protocol fee. In v3 pools, fee levels are determined by the new generation adapter contract.
Financial Profile of Uniswap Ecosystem
According to defiling data, the protocol fees collected by Uniswap across all chains to date have reached 5.57 billion dollars. Approximately 477 million dollars of revenue is generated on an annual basis and the total amount of locked assets of the protocol is 3.3 billion dollars.
BNB Chain contributed $117 million in locked assets to Uniswap and $3.53 million in protocol fees in 30 days. Polygon, on the other hand, has $76.5 million in locked value and $1.02 million in charges in the last 30 days. However, in these two networks, the protocol fee is not yet distributed to UNI owners; because the offers must be approved.
| Network | Asset Locked (TVL) | 30 Days Fee | Distribution to UNI Owners |
|---|---|---|---|
| BNB Chain | $117 million | $3.53 million | No |
| polygon | $76.5 million | $1.02 million | No |
| celo | $4.87 million | $174 thousand | No |
CryptoAppsy According to the latest price movements reflected on the screens, the current price of UNI is at $ 3.30. This level represents a massive 92.7% decline compared to the peak of $44.97 in May 2021.
Within the scope of UNIfication, 100 million UNIs from the treasury were collectively burned retrospectively. This was part of the Uniswap team’s proposal to the voting process and was calculated based on the amount of burn that could have occurred in the environment since day one. Uniswap founder Hayden Adams is among the authors of the proposal.
New Processes are in Action in Management
The final proposal applies the expedited management procedure approved by UNIfication. According to this model, relevant fee parameters can be moved directly to on-chain voting after five days of Snapshot voting in the community. Thus, important updates can be deployed faster.
