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Barrie's avatar

Thank you for the fantastic and detailed post! I'm a bit confused by the tl;dr. It says the holders get 1/6. But you also mention the fee switch is turned off. So as of today, what do UNI holders get? If nothing, what's the incentive for holding UNI for those that are not interested in participating in governance (i.e. speculators)?

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TW's avatar

Great write up. Would be good to elaborate on the specifics of fee collection, including the denomination of fees collected (if swapping 100USDT for AAVE, is the fee collected in USDT?), and whether fees collected are then converted (e.g. to UNI) before moving to treasury.

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