Uniswap Fee Switch Status Tracker Separates Approval, Activation and UNI Burns

The practical value here is disclosure discipline: separating approval from activation and from completed burns removes the ambiguity that lets observers conflate a governance vote with revenue actually flowing. For UNI holders and fee-switch watchers, the tracker turns a binary talking point into a staged process, making clear where implementation lags intent across versions and chains. The open question is whether this granularity becomes a shared reference standard or remains a standalone lens, and whether later stages — collected assets and completed burns — fill in as consistently as the approval stage.