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DeFi Report Founder: Uniswap Labs and UNI holders may earn $468 million annually from Unichain

DeFi Report Founder: Uniswap Labs and UNI holders may earn $468 million annually from Unichain

Bitget2024/10/14 02:27

DeFi Report founder Michael Nadeau recently wrote that the launch of Unichain will direct the $368 million paid to Ethereum validators last year straight into the hands of Uniswap Labs and even UNI token holders. He added that Uniswap Labs will also be able to capture all MEV on Unchain, as it owns all validators on the network.

Nadeau said: "MEV is estimated to account for about 10% of total fees paid on Uniswap (which was $100 million last year). They can also choose to share some of it with token holders."

He further stated that liquidity providers for Uniswap could also benefit from Unichain, as they can participate in settlement and MEV capture through staking.

Nadeau indicated that Ethereum validators and ETH holders would suffer the most after the launch of Unichain, with fewer Ether coins being burned and network fees decreasing.

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