The so-called fee switch would drive a portion of protocol revenues that are currently captured by liquidity providers to UNI token holders. Its delayed activation has been longterm consternation among community members, especially after earlier votes failed to deliver. Uniswap has collected over $1 billion in annualized fees. 

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The so-called fee switch would drive a portion of protocol revenues that are currently captured by liquidity providers to UNI token holders. Its delayed activation has been longterm consternation among community members, especially after earlier votes failed to deliver. Uniswap has collected over $1 billion in annualized fees. 

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UNI token holders approve $165.5 million in new foundation funding, laying groundwork for long-promised 'fee switch'

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Earlier governance proposals to activate the fee switch were unsuccessful, resulting in prolonged community frustration

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Uniswap's governance decision marks significant progress toward activating the fee switch, enabling UNI token holders to receive a share of protocol revenues

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