Uniswap founder Adams rejects "25% LP cut" claim on v4 fee switch
The Uniswap founder is pushing back on the read that protocol-level fees cut into LP earnings, arguing the math is additive, not subtractive, and that LP share per swap is unchanged.
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The Uniswap founder is pushing back on the read that protocol-level fees cut into LP earnings, arguing the math is additive, not subtractive, and that LP share per swap is unchanged.
The gap cuts fee income and usable market depth, but fixing it exposes liquidity providers to transaction costs, execution risk and adverse price moves.