Uniswap’s UNI token is approaching a pivotal moment as two governance proposals aim to expand protocol fee collection and UNI burns across new pools and networks. The vote, running from July 19 to July 26, could reshape the token’s economics if approved. UNI was trading near $3.50, down 0.6% in 24 hours but up 16% over the past month, signaling improving momentum after a prolonged slump.
The first proposal would activate protocol fees for eligible Uniswap v4 pools on Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain. Because v4 hooks can dynamically alter fees, a flexible infrastructure is needed. The proposed V4FeePolicy contract would calculate eligible fees, while a V4FeeAdapter would enforce rules and send collected assets to TokenJar. The second proposal extends protocol fees to Uniswap v2 and v3 deployments on Robinhood Chain. Since its launch on July 1, Robinhood Chain has processed over $6 billion in Uniswap volume and attracted $70 million in bridged ETH, with total value locked exceeding $100 million.
If both proposals pass, fees from all three Uniswap versions on Robinhood Chain would route through TokenJar, where searchers can exchange for equal-value UNI. Those UNI tokens then bridge to Ethereum and are sent to the official burn address. This ties the burn rate directly to trading activity rather than speculation alone. Uniswap already burned 186,000 UNI in a single day last month from existing protocol fees across 11 networks.
Technically, UNI faces strong resistance at $3.58, with a daily close above that opening a path to $3.71. Support sits at $3.45. The RSI stands at 56.56, indicating neutral momentum with room to run. UNI has reclaimed its 20-, 50-, and 100-day EMAs but remains below the 200-day EMA, keeping longer-term resistance intact. The outcome of the governance vote may determine whether the token can sustain its recovery and turn short-term volume into durable value.
