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Don't remind me again today

DaoResearcher

2025-11-27 09:53:00

#数字货币市场回升 A leading DEX governance community has just accomplished a major event - the temperature check phase for the Fee Switch proposal has concluded, and the voting result? Passed unanimously, with a support rate directly pumped to 100%.

If this matter really takes off, what does it mean? In plain terms, it means this protocol is finally going to start "making money". For a full five years, it hasn't earned a single cent in protocol revenue; all the fees have gone straight into the pockets of liquidity providers. Now the tide is about to change:

• UNI holders may receive protocol revenue sharing for the first time.
• The revenue sharing method between LP and the protocol needs to be renegotiated.
• The entire token economic model needs a major overhaul.

The next step is the official on-chain voting. It is important to know that adjustments of this level in business models are rare in DeFi history. Once approved, the value logic of the UNI token will shift from a "pure governance token" to an "asset with cash flow"—this difference is not trivial.

Looking at the competitive landscape of the DEX space, if the leaders start to capture revenue, other protocols will likely have to follow suit. As for whether the UNI price will soar as a result? The market has already begun to vote with its feet. $BTC $ETH $BNB

UNI2.47%

BTC1.25%

ETH1.84%

BNB2.86%

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WhaleSurfer

· 10h ago

I haven't made a penny in five years, and now it's time to start cutting the cake. LP must be crying now.

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BrokenDAO

· 11-27 12:36

100% unanimous approval? What does this indicate? Either the consensus is truly solid, or no one really cares... I bet on the latter. Five years of freeloading without receiving a single penny, this "governance token" trap is really something. Now that it's about to change, what do the LPs think? Wow, from pure governance to cash flow assets, it sounds nice, but the probability of on-chain voting actually passing... well, you all can take your time to see. It will be interesting when other protocols follow suit, then it will be another round of mutually restraining games where no one can move.

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OldLeekMaster

· 11-27 10:14

The five years of free riding are finally coming to an end, now the LPs must be in a panic.

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PumpDoctrine

· 11-27 10:14

It's been five years since I made any money, and now I finally want to cash in? That's what I say, but this move with UNI is indeed fierce. UNI is really about to become a cash flow asset, which is a bit absurd. Wait, won't the LPs explode? The transaction fees still need to be shared? The leader is starting to play people for suckers, how are the small protocols feeling? Haha. Once the Fee Switch is passed, it goes straight to on-chain voting? This pace is a bit scary. To be honest, the current issue is whether the price can keep up with this wave of expectations; it feels like the market is still waiting for what’s next. This whole DeFi situation is increasingly resembling TradFi, with business model optimization, profit distribution, and valuation restructuring, one after another. How far can UNI actually rise? It feels like the market still hasn’t reacted.

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GoldDiggerDuck

· 11-27 10:13

Damn, UNI is finally going to get its turn, five years of freeloading is really outrageous. --- If the Fee Switch passes, it means UNI will really become a cash flow asset, this is definitely favourable information. --- Wait, what are the LPs thinking? If the revenue sharing is adjusted, won't they have to reconsider liquidity? --- If the leader captures the revenue, how will other DEXs survive? This is going to spark an arms race. --- 100% support rate? This voting result is a bit too perfect, it really seems like the players are optimistic. --- From a governance token to one with cash flow, if this transformation happens, the landscape for UNI will completely change. --- On-chain voting hasn't even started yet, don't get too excited. The preliminary temperature check is one thing, officially passing is another. --- Who cares about the feelings of the LPers? The protocol making money is the key, it's a matter of survival of the fittest. --- Finally, the day has come. Uniswap can no longer rely on stories to survive, it needs to truly become a money-making machine.

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SeeYouInFourYears

· 11-27 10:13

I haven't collected a single penny in five years, and now it's finally time to suck blood. This is Decentralized Finance.

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Degen4Breakfast

· 11-27 10:10

Wait, are the good days for LPs coming to an end? This is getting interesting, haha. UNI is really going to become a cash flow asset, the five years of free riding are finally coming to an end. The vote count is too neat, I feel like there must be more story behind it. There might still be some drama before the on-chain voting, but anyway, I remain optimistic.

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