DeFi· ★★★· bullish·

Uniswap proposes extending protocol fees to Circle's Arc network

  • Fees will accumulate in TokenJar contracts and be bought back via UNI burns
  • The proposal covers Uniswap v2, v3 and v4 on the Arc network
  • Cross-chain governance runs from Ethereum via Wormhole
  • Temperature check is open September 18-23, with on-chain voting to follow
Why it matters: Extending fees to Arc strengthens the UNI burn mechanism and links activity on Circle's network to Uniswap's tokenomics.
Source: Bitcoinist