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Tokens vs. Equity - DeFi Education

defieducation.substack.com · saved by 1 readers

Yesterday, Uniswap announced that they would be introducing a 0.15% (that’s 15 bps for our fihnance readers) fee for certain transactions placed through its front-end. Here’s why that’s interesting. First of all, these fees do not get paid to tokenholders. The Uniswap “fee switch” requires governance approval, whereas this fee apparently does not. The fees are paid to Uniswap Labs, the operating entity behind the Uniswap protocol. 15 pennies from every $100 will be paid to Uniswap Labs. Only a specific set of tokens like ETH, USDC, WETH, USDT, DAI, and a few others have this fee when you swap them on Uniswap. If you're just swapping one type of stablecoin for another, you won't have to pay this fee. Also, if you're just changing ETH to WETH (a wrapped version of ETH), you won't be charged either. Autist note: we recommended our paid subscribers use DEX aggregators - in addition to avoiding this new fee, you get “best execution” and can avoid MEV attacks on your trade UNI is down 7% in

Yesterday, Uniswap announced that they would be introducing a 0.15% (that’s 15 bps for our fihnance readers) fee for certain transactions placed through its front-end. Here’s why that’s interesting. First of all, these fees do not get paid to tokenholders. The Uniswap “fee switch” requires governance approval, whereas this fee apparently does not. The fees are paid to Uniswap Labs, the operating entity behind the Uniswap protocol. 15 pennies from every $100 will be paid to Uniswap Labs. Only a specific set of tokens like ETH, USDC, WETH, USDT, DAI, and a few others have this fee when you swap

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