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.
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