$USUAL We have seen the announcement from USUAL. I believe January 7th is a positive sign, but it won't be significant. Unless combined with other positive factors. This is a long-term beneficial factor, not an explosive one.
The cryptocurrency token fee switch is similar to Uniswap.
The cryptocurrency token fee switch, especially in decentralized exchanges (DEX) like Uniswap, is an important mechanism.
Uniswap is the largest decentralized exchange on Ethereum L1, allowing users to exchange cryptocurrencies without a centralized entity. The fee switch is a feature that can be activated or deactivated by UNI token holders through governance voting. When the fee switch is activated, the Uniswap DAO (decentralized autonomous organization) can extract a certain percentage of the trading fees earned from liquidity providers (LP) (usually 10%-25%), and these fees will then enter the Uniswap DAO's treasury.
The design intention of this mechanism is to allow the Uniswap protocol itself to profit from it, thereby supporting its further development and sustainability. However, it has also sparked discussions about the value of the UNI token and the governance structure. For example, some believe that the existence of the UNI token does not bring significant value enhancement to Uniswap's users (traders and liquidity providers) and may even cause some value destruction due to fee extraction.
Overall, the cryptocurrency token fee switch is a complex mechanism that involves various aspects such as the economic model of the protocol, governance structure, and market competition. For investors and users, understanding how this mechanism works and its impact is very important.