​​Unpacking Uniswap’s ‘Fee Switch’ been a long-standing deba | @crypto_pumps_news

​​Unpacking Uniswap’s ‘Fee Switch’

been a long-standing debate within the DeFi community about a small piece of code in Uniswap, the popular decentralized exchange.Right now, it costs 0.3% to trade tokens on Uniswap. Of that small percentage, the entire amount goes to liquidity providers (LPs) for that specific trade. But if this fee switch (also called “protocol charge” by Uniswap) were flipped on, 0.25% would go to LPs and the remaining .05% would theoretically go to UNI token holders just for holding the token.

@Crypto_Cryptocurrency_News