Analysis of Uni
Last night, the U.S. SEC dropped the investigation into the DeFi company Uniswap Labs.
UNI is not a security, which is beneficial for the development of DeFi products like Uniswap and Aave in the long run.
Positive for Uni, and there are two major potential benefits yet to be released.
(1) The public chain Unichain has not yet opened Uni staking to become validators and earn rewards,
we estimate this will be launched around April.
(2) There was a proposal last year suggesting rewards for Uni stakers, but it was shelved.
It is possible that a proposal will be reinitiated this year.
After the announcement of this proposal last year, it directly surged by 20%.
If you look at the daily chart of Uni's trend, you will understand that this coin has strong whale control.
No matter how it drops, it can rise again.
As a leading Dex, the fundamentals are also sound, so it is recommended to hold.