Uniswap Labs has reported earnings of over $51 million in the past six months due to increased fees implemented on its platform. The introduction of a 0.25% fee for swapping directly on the Uniswap Interface has helped to finance the organization's research and growth. Uniswap Labs is still in charge of research and the launch of future protocols, such as V4. However, Uniswap Protocol fees, which are separate from Uniswap Labs fees, bring in much higher inflows of up to $2 million daily. Uniswap Labs is considering revenue-sharing in the future but currently aims for sustainability. The UNI token has shown resilience and is trading near a one-month high. However, caution is advised for the short-term price due to recent liquidations on Binance.
- Content Editor ( cryptopolitan.com )
- 2024-10-01
Uniswap Labs earns $51M in six months with new fee model