Uniswap Opens TJAR Fee Conversion Beyond Protocol as Robinhood Joins
TL;DR: Searchers compete to exchange the chosen payout token for assets accumulated in the jar. Open searcher competition does not eliminate execution costs or market exposure.
Uniswap Labs introduced TJAR on October 29 as reusable infrastructure for projects collecting fees in multiple tokens. Rather than building conversion pipelines for every chain and asset, an application can deposit fee proceeds into a Token Jar and specify the token it wants to receive.
The announcement and the numbers
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