Core Insights - Uniswap is adjusting its fee structure, changing the allocation from 0.3% to 0.25% for liquidity providers (LP) and 0.05% for UNI buybacks [1] Group 1: Fee Structure Changes - The new fee distribution will allocate 0.25% to LPs and 0.05% for UNI buybacks [1] - This adjustment is expected to generate approximately $3.8 million in UNI buybacks over a 30-day period, based on an annual fee estimate of $2.8 billion [1] Group 2: Buyback Comparison - The projected buyback level of $3.8 million is slightly higher than the previous PUMP level of $3.5 million but lower than the HYPE level of $9.5 million [1]