Who gets Uniswap fees?
I'm wondering about the fees charged by Uniswap. Specifically, I want to know who receives these fees when a transaction is made on the Uniswap platform.
How fees are distributed on Uniswap V3?
Could you elaborate on how fees are distributed on Uniswap V3? I understand that it's a decentralized exchange, but I'm particularly interested in how the platform handles fee distribution among its users and liquidity providers. Is there a specific formula or algorithm used to determine who gets what? Additionally, how does the fee structure differ from previous versions of Uniswap, if at all? And finally, are there any benefits or drawbacks to the fee distribution mechanism on Uniswap V3 that users should be aware of?