Uniswap opens Token Jar to third-party apps for single-token fee collection
- —TJAR pools incoming fees in a contract and has searchers compete to swap them into the app's chosen token
- —Deploying a Token Jar takes a single transaction; settings can be adjusted later or permanently locked
- —The tool handled more than $15.3 million in conversions last month and is live on seven networks
- —Robinhood uses TJAR to convert Uniswap API fees into the stablecoins USDC and USDG
Why it matters: The tool removes the need for apps to build custom swap logic and gives them predictable revenue in a chosen asset.
Source: Crypto Briefing