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brenner@brenner
9/29/2022

What if LPs, with some weighted average over the last x months, were the ones that governed the fee switch? Would be similar to how $MAKER (the risk holders in MakerDAO) govern the protocol MakerDAO can’t function w/o $MAKER Uniswap *can* function w/o $UNI

In reply to @brenner
Anubhav Mehrotra@anubhav
9/29/2022

Won't they need to organize somehow and thus need $uni for votes or other normalized decision making?

In reply to @brenner
larry@larry
9/30/2022

Not a perfect analogy, but that would be a bit like letting Airbnb hosts dictate pricing on the marketplace. If you give them that power, it would come directly from Airbnb shareholders (who probably want to retain it).