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
A $5 billion single-product emerges? JPMorgan maintains a "Neutral" rating on Amgen (AMGN.US): A good drug doesn't necessarily mean a good buying opportunity.
Amgen's Imdelltra has maintained data with an HR of 0.42, nearly doubling survival time. Morgan Stanley estimates that it will become a single product with annual sales of around 5 billions USD. However, they maintain a Neutral rating and a target price of 350 USD.
Goldman Sachs: Yen Regains "Safe Haven King" Status, Becomes Most Effective Tool to Hedge Against AI Market Shocks
Goldman Sachs stated that the Japanese yen has become a better tool for hedging against AI shocks, with policy shifts reducing the risk of depreciation. The bank recommends shorting USD/JPY and EUR/JPY.
Crypto prices
More
