It seems $UNI wants to finally turn on the fee sharing system that they had since the airdrop!
This is actually amazing news!
People don't get that these might be protocols but they work basically like companies, decentralized companies, but a company nonetheless, and the only way to distribute value generated by the company to token holders is either with buybacks and burns, or with fee sharing.
Amazon has buybacks, Apple has buybacks, Microsoft distributes dividends, META has buybacks...
This is the only way for our ecosystem to get seen by the outside world has something of value.
Protocols are finally starting to stop being afraid of being called a security because of fee sharing mechanisms, and are finally trying to make the value generated in the protocol be seen as tied to the token's valuation!
I just wonder how this will play out since now the fees need to shared between tokens holders, frontend owners and LPs 🤔
Gud to hear! Revenue sharing is fine and sum models have been working in such direction. We do that with Hive with rewards from the reward pool in a sense. Will watch for this. !BBH
@teutonium! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @pepetoken. (22/50)
these are the projects that I want to see more of. People building real things with real value.