UNISWAP FEE SWITCH PROPOSAL “UNIFICATION” PASSES BY A LANDSLIDE
The #Uniswap protocol fee switch proposal, UNIfication, has passed with overwhelming support. The vote recorded approximately 125 million $UNI in favor, versus 742 UNI against.
After a two-day timelock, Uniswap Labs will burn 100 million UNI tokens and activate the fee switch for Uniswap v2 and v3 on Ethereum mainnet, initiating ongoing burns of UNI tokens and Unichain-generated fees.

WINTERMUTE OPPOSES AAVE GOVERNANCE CONTROL PROPOSAL
Wintermute founder Evgeny Gaevoy @EvgenyGaevoy said he will vote against the proposed Aave “governance control” initiative, citing a misalignment between AAVE Labs and token holders on value capture expectations. He noted that the escalating conflict is unnecessary and potentially damaging, and called on AAVE Labs to seriously consider a long-term, sustainable solution.
#Wintermute #AAVE

UNISWAP FOUNDATION FACES CRITICISM OVER “HIGH PAY, LOW EFFICIENCY,” WITH EXECUTIVE COMPENSATION MAKING UP OVER 30% OF ANNUAL SPENDING
PaperImperium reports that in 2024 the #Uniswap Foundation distributed around $10 million in grants while paying approximately $4.8 million in staff compensation, including $3.87 million to executives—about 37.5% of total annual spending.
By contrast, the #Optimism Grants Council operated a $63.5 million budget with only about $2.6 million in compensation costs. The community has raised concerns that Uniswap executives received high pay while delivering only ar

MERRY CHRISTMAS FROM COINRANK 🎄
As the year comes to a close, we’d like to thank our global community of builders, traders, founders, and readers for your trust and support.
May this holiday season bring you clarity in markets, conviction in ideas, and momentum into the year ahead.
Here’s to a smarter, more transparent, and more connected crypto future 🚀
Enjoy your holidays!🎁
#CoinRank #MerryChristmas #CryptoNews