Cryptocurrency trading platform Uniswap recently approved a significant resolution through governance voting, announcing the complete removal of fee structures at the application and interface layers. This move means users will no longer incur any costs when using related applications and API services, with fee rates directly reduced to zero.
According to the announcement, this policy adjustment will officially take effect on the Unichain network, but a two-day lock-up period will be required before implementation. The change covers both the platform’s v2 and v3 versions, ensuring that users of the two main protocol versions can benefit from this policy.
Industry analysts point out that the activation of the fee toggle on Unichain is expected to trigger a series of chain reactions. The most notable is the potential activation of the UNI token burn mechanism—meaning that each time a fee is collected and processed through the burn mechanism, the circulating supply of UNI will decrease. In the long term, this deflationary effect could improve the tokenomics and provide more liquidity support for new token listings.
Analysts believe that the decision to cancel these commissions will not only enhance the platform’s attractiveness to developers but also lower the barrier to entry for ordinary users, potentially driving further expansion of the Uniswap ecosystem.
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Uniswap cancels all commissions for applications and APIs, and launches a fee mechanism on Unichain
Cryptocurrency trading platform Uniswap recently approved a significant resolution through governance voting, announcing the complete removal of fee structures at the application and interface layers. This move means users will no longer incur any costs when using related applications and API services, with fee rates directly reduced to zero.
According to the announcement, this policy adjustment will officially take effect on the Unichain network, but a two-day lock-up period will be required before implementation. The change covers both the platform’s v2 and v3 versions, ensuring that users of the two main protocol versions can benefit from this policy.
Industry analysts point out that the activation of the fee toggle on Unichain is expected to trigger a series of chain reactions. The most notable is the potential activation of the UNI token burn mechanism—meaning that each time a fee is collected and processed through the burn mechanism, the circulating supply of UNI will decrease. In the long term, this deflationary effect could improve the tokenomics and provide more liquidity support for new token listings.
Analysts believe that the decision to cancel these commissions will not only enhance the platform’s attractiveness to developers but also lower the barrier to entry for ordinary users, potentially driving further expansion of the Uniswap ecosystem.