This is a good point. My gut tells me that instead of removing liquidity, LPs will go and buy UNI token… Most LPs love the protocol and will be willing to contribute more capital to the ecosystem by buying UNI token. I also would like feedback on my Temperature check here, for UNI-based Fee Tiers. Upon turning on the fee switch, this would provide additional incentive for LPs to buy UNI instead of withdrawing liquidity.
https://gov.uniswap.org/t/temperature-check-uni-based-fee-tiers/17217