as I understand it, all the main kinds of Coins (clankers, flaunches, zoins) monetize in the modal case by distributing fees from Uniswap. even if 99% go to zero in the long run, the creator earns something from fees, and in very rare cases earns a lot. 

but this means Coins have an implicit dependency on Uniswap market dominance! this seems like a very safe bet. (I don't even know what Uniswap market share is on Base, but I'm sure it's high). but it's interesting to consider how the dynamics might change if Uniswap had 10% or 90% market share instead, and Coin trading was not as highly concentrated.

(not trying to FUD Coins or Uniswap, but I think this is an interesting interdependency)

I'm eth newbie..just learning
(working on @farcaster)

terminally.online

Uni v4 basically lets people spin up new custom logic AMMs without having to bootstrap liquidity — Uniswap is liquidity as a service

They aren't some cartoon villain, they just built a really good product so other people are using it.