Uniswap Founder Says Team Renounced Creator Fees From Employee Testing

Uniswap founder Hayden Adams said the team renounced all creator fees from “Uniswap employee testing” after tokens created during Pools testing were discovered, redirecting the fees to an automated buy-and-burn contract.

TradePools said Wednesday that test tokens made while building Pools no longer carry a creator-fee path back to Uniswap Labs. It said all past and future creator fees now route to a programmatic buyback-and-burn mechanism.

Adams said the team had not expected the test tokens to be discovered. His post did not name the tokens or state how much had accrued in creator fees.

TradePools launched Aug. 5 as a Uniswap launchpad on Robinhood Chain.

How the Fee Mechanism Works

TradePools said the redirected fees are released as $ETH and that anyone can claim the $ETH by burning the corresponding token. In practical terms, the claimant gives up tokens to receive $ETH from the creator-fee stream, while the burned tokens are removed from circulation.

An X post discussing Uniswap’s Robinhood launch criticized its launch fees. Uniswap’s Niko Kampouris replied that the “launch fee is 0.25%” and said it deepens liquidity for liquidity providers unless creator fees are enabled.

In another thread, a user claimed creators would receive 25% while Uniswap took 75%. Niko replied that the split was a 20% creator fee, a 0% launchpad fee and 80% of the fee compounding into deeper liquidity.

Neither Adams nor TradePools gave an aggregate $ETH amount for the redirected fees. The announcement also did not specify the burn quantity, publish a contract address or provide a complete list of affected test tokens.

Adams said the team is considering making the mechanism available to other deployers.