TechFlow News, October 14 — According to Cointelegraph, Michael Nadeau, founder of DeFi Report, stated on social media that Uniswap Labs and UNI token holders will benefit the most from Unichain, while ETH holders may suffer the greatest losses, potentially diverting nearly $500 million in annual revenue that would have otherwise gone to Ethereum network fees.
Michael Nadeau added: "The launch of Unichain will redirect the $36.8 billion paid to Ethereum validators last year directly to Uniswap Labs and possibly into the hands of Uniswap. Uniswap Labs will also be able to capture all Maximum Extractable Value (MEV) on Unichain, since it controls all validators on the network, rather than allowing Ethereum validators to extract MEV. MEV is estimated to account for approximately 10% of total fees paid on Uniswap (around $100 million over the past year), and Uniswap could choose to share a portion of this with token holders. Additionally, Uniswap liquidity providers can also benefit from the new blockchain by participating in settlement and MEV capture through staking."
Previously, Uniswap launched Unichain on October 10, promising faster and cheaper transactions, along with improved interoperability across different blockchain networks.
