Uniswap's "Fee Switch" proposal will open for on-chain voting within 14 days.

The "Fee Switch" proposal by Uniswap will open for on-chain voting within 14 days, currently undergoing technical review to ensure the correct format of the proposal. Once voting is enabled, UNI token holders will have 7 days to vote. The proposal plans to provide Uniswap with an opportunity to test selected liquidity pool parameters, including 0.05% for DAI-ETH, 0.3% for ETH-USDT, and 1% for USDC-ETH, with a fee of 10% that is the minimum value allowed by the code.

The "Fee Switch" proposal by Uniswap will initiate an on-chain vote within 14 days. Currently, technical investigations are in progress to ensure the correct format of the proposal. Once the vote is live, UNI token holders will have 7 days to cast their votes. The proposal aims to provide Uniswap with a testing opportunity to select liquidity pool parameters, including 0.05% for DAI-ETH, 0.3% for ETH-USDT, and 1% for USDC-ETH, with a fee of 10%, the minimum allowed by the code.

Earlier reports indicated that on August 10, Uniswap's "Fee Switch" proposal passed the consensus check vote, following a previous temperature check vote.

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