Pretty clear that @haydenzadams has put some thought into $Uni utility and this is not just "another" fee switch proposal. Some key points worth paying attention to: 1/ Fee switch: > v2 fee pool will take 0.05% > v3 fee pool will take 1/4 or 1/6 of LP fee (Dp. Fee tier) > 100% of Unichain sequencer fees go to burn after covering L1 data costs and 15% paid to OP. 2/ PFDA Introduce PFDA (Protocol Fee Discount Auction) where Users and LPs can bid for the right to trade without fees for a short period of time. 3/ Retroactive burn a 100M UNI burn from the treasury which is the fee that could have been burned. 4/ 0 fee No more fee on the interface, wallet, and API for Labs. 5/ How do they burn? Introduce TokenJar where fee is accumulated in the contract and only become withdrawal if $Uni token is burned in a contract Firepit. One thing that worth to notice is that the @Uniswap fee switch will only be activated if the proposal pass. Overall, I’m happy to see the effort to bring more utility to token and project finally designed to strengthen the connection between a great product and its token.
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