Many people are guessing how much $UNI would be worth if Uniswap really turned on that fee switch.
Although Uniswap is the leader of automated market makers and many people have made money from it in the past, it is now losing business to new exchanges and various perpetual contract exchanges on Solana, making things not so easy.
The UNI token has always been criticized for having no real use; aside from voting, it can't do anything else and keeps printing new tokens to give to market makers, so its price has been stagnant. But here comes the key point: the V3 and V4 versions actually hide a big trick, which is the switch that can distribute trading fees. This is absolutely a game-changing modification for Uniswap.
Speaking of the switch, we need to first understand who is in charge: one is the voting group formed by UNI token holders, who decide how to spend money and handle matters; the other is the foundation, which is responsible for executing the voting results, managing the funds, and dealing with legal issues; finally, there is a development team doing the work.
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