am i the only one who shorted the Uniswap fee switch here? why: • no mention of fees earned directed to buybacks, only forward fees. they cover rewarding existing holders with retroactive burn only. • adding 5bps at protocol layer changes the routing science and reduces volume • removing frontend fees which were 3x-5x the new 5bps protocol fee may not mean more revenue imo • LPs now get paid less 20-25% less as protocol fee is intro'ed. will liquidity stick around? • basically been losing market share on all chains that matter • see relative math with Jupiter as a comp where flywheel has been active im sure gauntlet and uniswap did the math though. from my perspective, 5bps feels like the highest they could go at a protocol level without getting rekt on flows/revs. else why wouldn't they have gone higher? why didn't uniswap show their homework (the math) in the governance post? FWIW i paired my UNI short with a long on JUP. awaiting threadooors and number crunchers to punt me out of the trade.