X @wale.moca 🐳

Big news from the Uniswap ecosystem yesterday.They are generating annualized fees of $2.7B USD, with 17% of protocol fees now being used for buybacks, which equates to $38M USD worth of buybacks per month.$UNI was up more than 40% on the news.This is also very bullish for Pumpfun and Meteora, which also have large buyback programs.My partners at Meterota generate annualized fees of $1.2B USD, which, with the same structure, equates to monthly buybacks of more than $17M USD.I think the news here is a very bu ...