According to @CoinMarketCap, UNI initially jumped 43% to 10.05 after Uniswap proposed a fee switch that routes protocol fees to UNI burns, source: @CoinMarketCap on X. The proposal includes a retroactive burn of 100 million UNI, equal to 10% of the treasury from the beginning, source: @CoinMarketCap on X. For V2, liquidity providers receive 0.25% while a 0.05% protocol fee is directed to UNI burn, source: @CoinMarketCap on X. For V3, 0.01% and 0.05% fee tiers send one quarter of LP fees to UNI burn, while 0.30% and 1% tiers send one sixth of LP fees, source: @CoinMarketCap on X. It also allocates 100% of Unichain sequencer fees to burn, estimated at about 7.5 million dollars annualized before L1 data costs and a 15% share to Optimism, and includes aggregator hook fees for V4 pools, source: @CoinMarketCap on X. A Protocol Fee Discount Auction lets bidders win time-limited zero-fee swaps with the winning bid burned and is estimated to raise LP returns by about 0.06 to 0.26 dollars per 10,000 dollars traded, source: @CoinMarketCap on X. Other items include zero fees for frontend, wallet, and API, and a 2% UNI allocation of 20 million vested quarterly to fund protocol growth, source: @CoinMarketCap on X.