Uniswap Labs has published a temperature check proposal to extend protocol fee collection and UNI burn infrastructure to Circle’s Arc blockchain. The proposal covers Uniswap v2, v3, and v4 deployments already live on Arc. If approved through governance, protocol fees generated on Arc would be routed into the UNI burn system that is already operating on other networks. The proposal opened on Sept. 18 and will run through Sept. 23. If the temperature check passes, the next step will be an onchain vote. According to the proposal, governance instructions for protocol fees would be transmitted cross-chain from Ethereum to Arc through Wormhole infrastructure. The item was reported by Bitcoinist and cited by Techub News.
Uniswap Labs has published a temperature check proposal to extend protocol fee collection and UNI burn infrastructure to Circle’s Arc blockchain, according to Techub News.
The proposal applies to Uniswap v2, v3, and v4 deployments already on Arc. If governance approves it, protocol fees generated on Arc would flow into the UNI burn system that is already running on other networks.
Proposal timeline and next step
The proposal opened on Sept. 18 and will remain active through Sept. 23. If the temperature check passes, it will move to an onchain vote.
How the cross-chain mechanism would work
Under the proposal, protocol fee implementation would rely on Wormhole infrastructure to send governance instructions cross-chain from Ethereum to Arc.
The report was cited by Techub News from Bitcoinist.
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