Uniswap launches new Unichain blockchain, promising token holders up to $500 million per year in fees that used to go to the Ethereum network.

- $368 million previously paid to Ethereum validators will now go to Uniswap Labs and UNI holders.

- Uniswap Labs will capture all MEV on Unichain instead of allowing Ethereum validators to extract it.

- Ethereum validators and ETH holders will lose the most from the Unichain launch.

🚀 Unichain promises faster, cheaper transactions, but opinions are divided.