Uniswap v4 费用开关误解澄清：协议费是增量而非削减

Tons of FUD and misunderstanding around the v4 fee switch:

"LP fees are getting reduced" - False. Protocol fees are additive, not subtractive. LPs earning 30bp per swap still earn 30bp

"The protocol is taking 25% of LP profits" - Made-up math. On a 30bp pool the protocol fee is 5bp. That's 5/35 = ~14% of total swap fees and 0% of what LPs were already earning

"The cut is too high" - CEXs charge 100–200bp per swap. 5bp on a 30bp tier is 20–40x cheaper, for the deepest distribution in DeFi

And to the fork that talks about Uniswap more than its own product, takes 100% of swap fees, and "compensates" LPs with uneven token inflation set by token votes: lol