Uniswap governance proposal to burn 100M UNI passes

A governance proposal for Uniswap (UNI), dubbed UNIFICation, has passed, founder Hayden Adams announced. The proposal, which received 125.34 million votes in favor and 742 against, includes provisions to burn 100 million UNI. It also activates a fee on/off mechanism on the Ethereum mainnet, with the UNI collected from these fees also set to be burned.