#Uniswap费用机制升级 Holy crap, $596 million directly burned? UNI's move this time is really fierce, 100 million tokens gone🔥 Isn't this essentially a way of shorting its own circulating supply? With deflation expectations, the price could skyrocket in minutes, brothers!
The key is that later on, they also plan to use protocol fees to burn UNI, aiming to turn UNI into a truly deflationary asset. The current question is—when will this expectation truly reflect in the market? As the leading DEX, Uniswap should already hold this position, but recently it’s been somewhat overwhelmed by various new L2 DEXs.
This burn event might be a signal, indicating that developers want to boost sentiment. But be careful, as sometimes these positive signals are just hype for expectations, and when the actual benefits materialize, it can lead to a sell-off🤔 In the early stages, watch whether there’s enough capital to follow through; if trading volume picks up, there might be a chance.
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#Uniswap费用机制升级 Holy crap, $596 million directly burned? UNI's move this time is really fierce, 100 million tokens gone🔥 Isn't this essentially a way of shorting its own circulating supply? With deflation expectations, the price could skyrocket in minutes, brothers!
The key is that later on, they also plan to use protocol fees to burn UNI, aiming to turn UNI into a truly deflationary asset. The current question is—when will this expectation truly reflect in the market? As the leading DEX, Uniswap should already hold this position, but recently it’s been somewhat overwhelmed by various new L2 DEXs.
This burn event might be a signal, indicating that developers want to boost sentiment. But be careful, as sometimes these positive signals are just hype for expectations, and when the actual benefits materialize, it can lead to a sell-off🤔 In the early stages, watch whether there’s enough capital to follow through; if trading volume picks up, there might be a chance.