Worth correcting:
Yes, share buybacks are in fact economically equivalent to paying dividends.
UNI buybacks are economically equivalent to paying dividends to UNI holders (but easier to implement and more tax efficient).
This was proven in 1961 by Modigliani–Miller.

This isn't sharing Uniswap protocol fees with Uni token holders.  This is using the funds to burn the Uni token - which isn't a revenue stream, of course.
Interesting, and immediately being misunderstood, unsurprisingly.
This is what it looks like when you go ALL IN on a x.com/haydenzadams/s…

Bill Hughes 

Twitter

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