Fact: Uniswap is the 4th biggest onchain fee generator.

The ongoing “Uniswap fee switch” discussion proposes to directly allocate a portion of these trading fees to the almost 400k UNI token holders.

🧵

Uniswap has the same active users as all other top 10 DEXs combined.

There was a brief moment when SushiSwap🍣 overtook Uniswap🦄 in daily active users. Today, Uniswap has 10x the user base.

It closed in 2023 with 1.5 Million monthly active users. Come the end of Q1 the number was already at 2.2 Million.

In crypto since 2014 👾 DAO Governance at Karpatkey.

Built Web3 startups that grew to reach acquired or Billion-Dollar status.
📩 alicecorsini.substack.com

Proposed by Uniswap Foundation, the Uniswap fee switch is a DAO proposal to allocate a portion of trading fees to UNI token holders.

Shifting from the current model where 100% of trading fees go to liquidity providers, the fee switch would provide UNI token holders with a direct stake in the protocol’s operations.

As the DAO vote for the Uniswap fee switch approaches, here’s a 🦄 & UNI deep-dive for you to enjoy👇

As the DAO vote for the Uniswap fee switch approaches, here’s a 🦄 & UNI deep-dive for you to enjoy👇

https://open.substack.com/pub/alicecorsini/p/the-2-trillion-dollar-unicorn?r=1m9fg&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true