[Temp Check] Activate v4 Protocol Fees
AI summary
This proposal aims to activate protocol fees for Uniswap v4, following previous approvals for v2 and v3. It introduces a new system called the V4 Fee Controller to manage these fees, which is necessary due to the flexible nature of v4's 'hook' architecture. The system will allow Uniswap governance to set rules for calculating fees across different types of liquidity pools, rather than setting individual fees for each pool.
If passed, Uniswap v4 pools will begin collecting protocol fees, which could increase revenue for the Uniswap treasury. The new fee system is designed to be flexible and adaptable to the unique features of v4, potentially benefiting UNI token holders through increased value accrual, though the exact financial impact cannot be determined at this stage.
Voting results
Votes over time
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🐳 Whale votes
7 votes > 5% VPFull proposal
Summary
This proposal continues the protocol fee rollout approved in UNIfication, following proposals #93, #94, #95, and #96. It uses the expedited governance process where fee parameter update proposals go directly to a five-day Snapshot followed by an onchain vote.
Protocol fees are now live across all v2 and v3 pools on 11 chains - Ethereum, Arbitrum, Base, Celo, OP Mainnet, Soneium, X…