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UNI surged over 30% on a week that generated $66.8M in Uniswap fees. But only 6.9%—roughly $4.6M—actually goes to the protocol, while the rest flows to LPs because most pools still haven’t activated the protocol fee. The headline fee numbers drive the token narrative, but the burn is running on scraps. @Uniswap #CryptoTreasuryDivides #CLARITYActSept15 #ZECGoesInstitutional