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Uniswap’s Move to Unichain: Winners and Losers Emerge


Uniswap’s Move to Unichain: Winners and Losers Emerge

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  • Uniswap’s move to Unichain will benefit UNI token holders.
  • Uniswap Labs and liquidity providers are also going to benefit. 
  • Ethereum validators will lose a huge chunk of the fees they receive from Uniswap.

Uniswap, a leading decentralized crypto exchange (DEX), is moving to Unichain later this year. This shift will bring major changes to the platform and create value for holders of UNI, the DEX’s native token.

Michael Nadeau, founder of The DeFi Report, took to X to explain how this move to Unichain—the DEX’s new Layer 2 solution within the OP Superchain—will affect UNI holders, validators, and others involved with the DEX.

Nadeau pointed out that Uniswap generated $1.3 billion in trading and settlement fees over the past year, but the protocol and token holders didn’t get to keep all of that value. 100% of the revenue went to liquidity providers, Ethereum validators, MEV bots, and Layer 2 sequencers.

Winners of the Move to Unichain

The biggest change will be for Ethereum validators, who currently receive $368 million for their services. After the move, UNI token holders and Uniswap Labs will capture more of the value they generate.

Addition…

The post Uniswap’s Move to Unichain: Winners and Losers Emerge appeared first on Coin Edition.

Read the article at CoinEdition

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