Uniswap创始人：低费用池优于高费用，反对高提取率平台

This mindset assumes people want to use highly extractive, shady platforms

We’re making the opposite bet - that users will prefer quality tech + a level playing field

Another irony is watching people try to frame lower pool fees as more extractive or anti builder

Quite the opposite, high spreads are how most launchpad extraction happens. The ultra high 1% pool fee (aka 2% spread) is the primary method of extraction

It also significantly worsens liquidity - as a token grows a 2% spread pool becomes useless, so the launch pool is wasted liquidity

0.25% fee tier pools will work well even as they grow - and extract far less from the traders using the platform

And autocompounding fees will grow that liquidity even further over time

Another irony - high LP fees are bad for traders but sometimes necessary to compensate LPs taking on significant price risk. In the case of launchpads, the LP is locked liquidity at a 0 cost basis. There is no risk to compensate

The Uniswap team is the best in the industry when it comes to AMM design and onchain liquidity, and when we build a product it’s because we think we can create value for our users and the industry

If we make some decisions differently from other launchpads it’s born out of this perspective

The traders deserve better trading systems. We’re here to help 🫡