Decentralized Exchange Uniswap Considers Introducing Fees to Certain Liquidity Pools
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Proposed introduction of transaction fees Decentralized exchange (DEX) Uniswap is considering a proposal to impose a fee on its liquidity pool. Targets liquidity pools with regular trading volume that generate annual revenue of 1.34 million yen ($10,000) or more. Currently, token trading on Uniswap is paid in full to Liquidity Providers (LPs). However, the Uniswap protocol has a code called a “fee switch” that, when turned “on”, allows fees to be distributed among LPs, the protocol’s treasury and token holders. The primary reason for this is that the introduction of fees for LPs will allow the protocol to supplement its
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