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Uniswap’s Token Jar lets apps collect fees in a single token of their choice

Uniswap’s Token Jar lets apps collect fees in a single token of their choice

Photo: Crypto Briefing

The TJAR fee conversion tool, first built for the Uniswap Protocol, is now open to other apps, and Robinhood is already using it Uniswap has opened up its Token Jar, known as TJAR, to the wider crypto app ecosystem. It is an onchain tool that takes the jumble of tokens an app earns in fees and turns them into the one token the team actually wants. The pitch is simple. Instead of ending up with a junk drawer of assets, an app can collect its fees in stablecoins, its own token, or whatever it prefers.

Source: Crypto Briefing

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