Uniswap Plans to Extend UNI Buyback and Burn Mechanism to Multiple Chains

Uniswap is considering expanding its protocol fee buyback and burn mechanism for UNI tokens to include BNB Chain, Polygon, and Celo. According to Foresight News, the proposal utilizes the expedited governance process approved in UNIfication, allowing fee parameter update proposals to bypass the RFC stage and proceed directly to a five-day snapshot phase, followed by on-chain voting.