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

2024-10-14 09:50:28
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ChainCatcher news, DeFi Report founder Michael Nadeau recently stated that the launch of Unichain will directly channel the $368 million paid to Ethereum validators last year into Uniswap Labs and even to UNI token holders. He added that Uniswap Labs will also be able to capture all MEV on Unichain, as it owns all the validators on the network.

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

He added that Uniswap's liquidity providers can also benefit from Unichain, as they will be able to participate in settlement and MEV capture through staking.
Nadeau stated that Ethereum validators and ETH holders will suffer the most after the launch of Unichain, as the amount of Ether burned will be less and network fees will also decrease.

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