Data: If the fee switch is activated, $10 million–$16.6 million in monthly LP fees could be distributed to UNI holders.
Jinse Finance reported that CryptoOnchain disclosed the latest on-chain data from Flipside, showing that the Uniswap protocol generates up to $99.3 million in monthly fees for liquidity providers (LPs). The "Fee Switch" proposal will be a game changer, with an estimated $10 million to $16.6 million per month expected to be distributed directly to UNI holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bubblemaps: 60% of aPriori project airdrop claimed by a single entity through 14,000 addresses
Spot gold falls below $4,100
Non-U.S. currencies collectively rise
"Machi" reduces long positions in ETH and UNI
