Unichain Generates Revenue of 468 Million Yuan 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 transaction and settlement fees across five public chains. However, the protocol and token holders did not capture any value, which is why the Uni token is jokingly referred to as an “air token”. These fees flow 100% to liquidity providers, Ethereum verification nodes, MEV bots, and L2 sequencers. But with the launch of Unichain, all of this is about to change.