It doesn't cost anything to trade across multiple Uniswap pools at once. Gas reduction is a huge theme in V4 and also expressivity. Scotty from the Bankless Nation Discord was up with his question, "Do you see UnisWap V4 as a boon or a consolidation?" I love the architecture and the composability. However, the hook concept could turn any competing AMM into a UnIswap surf by reducing their product to a hook that feeds the Uniswaps engine.

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