Regarding $UNI , I have a few frank words to say
Recently, there have been constant remarks that UNI will go to zero, that it’s a worthless token. First, let’s address the absurd claim: UNI is just a worthless governance token? However, the Uniswap Foundation has already stated that the fees earned by the protocol will be distributed proportionally to the staked voting UNI holders. Does this model seem insignificant now? In the future, all projects will have to copy this approach.
Some people criticize UNI for being controlled by institutions like a16z. Back when there was a plan to deploy UNI on BSC, it was voted down by a16z, and even CZ got involved. UNI now spans top public chains like Ethereum, Polygon, and Optimism, and has already captured significant traffic. What’s the point of going to BSC now just to join the fray? BSC has its own flagship DEX, PancakeSwap; if one day they suddenly shut down UNI or pull some tricks, who will UNI turn to for accountability? BSC, as a centralized chain, can stop operations at any time, which poses risks that outweigh the benefits.
Claims that UNI has no dividends or empowerment are precisely UNI's most ruthless chess move! By not engaging in flashy empowerment, it can avoid the SEC’s regulatory knife. If it were to follow some exchanges by declaring dividends and promising returns, it would have been classified as a “security” by the SEC long ago and would have faced dire consequences. Uniswap now distributes all fees to liquidity providers (LPs), remaining clean-handed. Although it seems to be criticized as an “air token,” it has actually preserved the lifeblood of decentralization. This tactic is called 'retreating to advance'.
Currently, UNI is valued at 5.3 billion USD. In the next bull market, if the entire crypto market rises to 4 trillion USD, a 5% share for UNI isn’t unreasonable, right? That would mean 200 billion! Why is it that UNI operates at almost zero cost while centralized exchanges (CEX) have to maintain technical teams and bear compliance pressures? UNI can simply lie back and collect fees. Moreover, with exchanges facing collapses and scams becoming rampant, large holders are gradually getting wise; holding coins on CEX could lead to being wiped out, while placing them in UNI as LP allows for easy withdrawals and fee earnings.
If you were a big holder, which would you choose? I am preparing and listing some suitable coins for bottom-fishing as a plan to double down; facing difficulties alone is not as effective as tackling them together. Those who understand will come.
