Uniswap Foundation Proposes Bringing Protocol Fee Mechanism to BNB Chain, Polygon, and Celo

PANews, May 23 — Uniswap founder Hayden Adams said the protocol's fee mechanism is now active across nine blockchains and is designed to burn UNI. The Uniswap Foundation has launched a new proposal to extend the V2 and V3 fee mechanism to BNB Chain, Polygon, and Celo. The expansion is expected to increase UNI burn and reduce UNI's circulating supply.