DeFi

Uniswap

Software Engineer @megaphone-hq

Prev: @0xproject

Protocol Fee

Essentially, liquidity providers (LP) will revenue share with the protocol.
- Uni V2: 1/6
- Uni V3: 1/4 for 0.01% and 0.05% pools, 1/6 for 0.30%, 1% pools.
- Uni v4: TBD

It’s a worse deal for LPs other things being equal. Likely LPs are less incentivized to provide liquidity and it could potentially make

Great thread and only confirmed what I previously believed:

Uniswap is late, and wrong.

There are plenty of other liquidity protocols with tokens that give you 100% fee exposure, Aerodrome specially. It already does most of the volume on Base.

People seem to memory hole the Sushi vampire attack but there's a reason a large portion of defi users were fed up with waiting for Uniswap to return value to tokenholders.

Fool me once...