Since teasing a new version of its decentralized exchange protocol, Uniswap has been accused of co-opting the community’s open-source ethos.

To fee or not to fee? That is the question — does Uniswap have an answer?

The Uniswap governance forum is again debating whether to activate the protocol’s ‘fee switch,’ which would finally see it accrue revenue.

Why does a16z want to strengthen its grip on Uniswap?

If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.

Despite community concerns, a vote to deploy Uniswap v3 on BNB Chain has passed with over 80% of the vote.

Binance activated a vote function using customers’ UNI tokens. This Binance UNI delegation would have been Uniswap’s second-largest voter.