Getty Hill on whether Uniswap should turn on Protocol Fees

In this episode Larry and I chat with Getty Hill about Uniswap Protocol's fee switch. We go into detail about the pros/cons of turning the fee switch on, the process that goes into the decision, and how protocol fees could be used to grow Uniswap long-term.  ---- Follow us on Twitter: @getty_hill |@lsukernik | @derek_hsue Resources: v2 fees, v3 fees, Adding a 1 basis point fee tier for Uniswap ---- Show Notes: What are the pro and cons of turning on the protocol fee switch? Balancing "value accrual" vs. market-share Lessons from implementing a 1 bp fee tier for UNI pools Why v2 fees are much simpler to implement than v3 Why the "fee switch" question is not a one-off proposal, but a multi-month effort combining research, implementation, and monitoring. What kind of new behaviors would turning fees on enable? Second Order effects on the broader DeFi ecosystem Other thoughts on Uniswap governance broadly