Can anyone explain to a brainlet what the "fee switch" is and how UNI hodlers can earn those fees?

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Anonymous Thu Nov 19 15:31:05 2020 No.24062997 [Reply] [Original]

Can anyone explain to a brainlet what the "fee switch" is and how UNI hodlers can earn those fees?

Anonymous Thu Nov 19 15:56:44 2020 No.24063640
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>>24062997
Eventually, after the current time limit is up, governance voters will be allowed to propose and vote on enabling fees for UNI token holders. Every time a TX happens on Uniswap, a small fee would be distributed to UNI holders.

>>	Anonymous Thu Nov 19 15:57:20 2020 No.24063655 I'm a UNI holder and I will vote NO on the fee switch.

>>	Anonymous Thu Nov 19 15:59:46 2020 No.24063714 It is a proposal that will create passive income for all uni holders in perpetuity, forever. Thanks for all the idiots who sold it to me over the last few months, I have secured around ~$100k/year

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