
and it's not only the LPs, in 6 hours of yesterday's volatility, 19.2% of uniswap's released fees never reached the burn: $320k went to builders and searchers different mechanism, same lesson: whenever an onchain price lags the market, bots collect the difference that's why @metricxyz anchors its pools to an oracle. the price moves with the market, so less is left on the table for bots and more goes to the LPs 🦊
