Uniswap liquidity providers are concerned about the fee switch activated on July 27 across the Robinhood Chain and other networks. LPs in V2 and V3 will see up to a 25% reduction in fee revenues, while those in V4 will have their shared profits cut by up to 33% for UNI buyback and burn. Since 2020, Uniswap has generated nearly $6 billion in fees but collected only $27 million in revenue. Analyst KoolKrypto called the fee switch ‘horrible’ for LPs, predicting migration to competitors like Aerodrome Finance on Base. The proposal passed with overwhelming 97% support despite concerns from some LPs about uncompetitiveness.
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