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 did not capture any 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.
Unichain Generates 468 Million Annual Revenue for Uni Analyzing Mechanisms Impact on Stakeholders