What people don't see is that this is bullish @AerodromeFi and bearish @Uniswap... People are predicting Aero's announcement on Wednesday is expanding across the EVM & if that's true, Uniswap got rattled and tried to rain on Aerodrome's day with this news (oops) The reason why Aero is kicking Uniswap's ass on Base (~2:1 volume dominance) is because LPs only care about return per dollar of liquidity contributed. Aero is winning on that. If Uniswap is turning on the fee switch, that means LPs will make even less or fees to trade on Uniswap will be jacked up higher Rock and a hard place
Cap'n Jack Bearow
@captainjack
11-11
Appears Uniswap published a blog to their offical site to activate the $UNI fee switch, with a proposal and blog dated to go live tomorrow.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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