Alexander, CEO of Dromos Labs, criticized Uniswap's decision to enable fee switching, calling it a significant strategic mistake. This move comes just before a major announcement from Dromos Labs, the team behind Aerodrome and Velodrome. Berachain DeFi analyst Cap'n Jack Bearow suggested that Aerodrome might announce a cross-chain expansion soon, potentially enhancing its competitive edge as Uniswap's fee switch could reduce liquidity provider profitability. UniswapLabs and its foundation had earlier proposed activating a fee switch and a UNI token destruction mechanism.
Aerodrome CEO Criticizes Uniswap's Fee Switch Decision as Strategic Error
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