shows how pump is criminally undervalued
According to calculations by MegaETH Labs member BREAD, if Uniswap adjusts its 0.3% trading fee so that 0.25% goes to LPs and 0.05% is used for UNI buybacks, the protocol—based on an annualized fee revenue of about $2.8 billion—could generate roughly $38 million in UNI buybacks every 30 days. This buyback level would be slightly higher than PUMP ($35 million) but lower than HYPE ($95 million).

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