🚨 Major Update from Uniswap Labs! 🚨
Uniswap Labs, the driving force behind the renowned decentralized crypto exchange Uniswap, has announced the introduction of a 0.15% fee on select token trades. This fee will be applicable to trades involving ETH, USDC, and several other tokens, but only when executed through Uniswap Labs' frontend.
This newly introduced fee is distinct from Uniswap's existing 'protocol fee' and aims to "sustainably fund our operations," as highlighted in their recent blog post. Hayden Adams, the brain behind Uniswap, emphasized that this "interface fee is one of the lowest in the industry," ensuring the platform's continuous growth and expansion in the crypto and DeFi sectors.
Notably, the 'interface fee' will be levied on trades where one of the tokens is among $ETH , $USDC , WETH, $USDT, DAI, WBTC, and others. However, stablecoin swaps and trades between ether and wrapped ether will remain unaffected.
🔥 #UniswapUpdate #CryptoNews #DeFiTrends #UniswapLabs #CryptoFees 🔥

📊 dYdX Chain, the self-developed mainnet of cryptocurrency exchange dYdX (DYDX), distributes all network fees to validators and stakers, with fees managed through Cosmos x/distribution module. #dYdXChain #CryptoFees 💱💰 #BitcoinWorld

📉 Ethereum network fee income hits its lowest point since April 2020, marking a 90% decline from its peak in May this year. Factors contributing to this include reduced demand for NFTs and a decline in DeFi activity, as well as the adoption of Layer 2 solutions to alleviate ETH network congestion. Over the past 30 days, ETH supply has increased by 33,500 coins ($52 million) due to decreased network activity. #Ethereum #Ethereum #CryptoFees #Layer2 #CryptoTrends

📈 @Uniswap Protocol surpasses $BTC in trader fees for over a week.

😳 As of Feb 25, Uniswap's fees hit $1.9M, outdoing Bitcoin's $1.2M, according to Cryptofees.

This trend began on Feb 14, with $UNI averaging $2.1M in daily fees vs $BTC 's $1.4M

#uniswap #CryptoFees #UNIBreakout

**Breaking News:** 💸 MetaMask rakes in 17.2 ETH in fees from a massive 5M USDT to 2060 ETH swap transaction worth $4.94 million! 🚀💰 #CryptoFees 🔄🔗