Leading DEX Uniswap has fallen -6% to rock-bottom levels following the introduction of a new 0.15% fee on crypto swaps involving Ethereum, USDC and others.
The decision for a new fee levy on DEX traders comes as Uniswap Labs seeks new funding to manage their over-extended operations. This is because the current ‘protocol fee’ charged for crypto swaps is managed by UNI governance voters….
Read More: Is Uniswap Going to Zero? UNI Price Falls 6% as New Swap Fees Go Live and New Crypto Project Raises $570,000