Unichain Generates 468 MillionYear Revenue for Uni Analyzing Mechanism Implications for Beneficiaries and Detractors
DeFi Report founder Michael Nadeau stated in a post that last year, Uniswap generated nearly $1.3 billion in trading and settlement fees on 5 public chains. However, the protocol and token holders captured no value, which is why the Uni token is jokingly referred to as a “air token”. 100% of these fees flow to liquidity providers, Ethereum validation nodes, MEV robots, and L2 sequencers, but with the launch of Unichain, all of this is about to change.