$UNI What Can We Learn From A16z’s Broader Portfolio?
Examining the originating address reveals more than just the COMP transaction. With $325 million in UNI and $5.71 million in OP still held, A16z maintains significant exposure to governance tokens across major DeFi protocols. This portfolio composition tells us that despite moving some COMP to an exchange, the firm remains deeply invested in the DeFi sector’s leadership projects.
The decision to deposit COMP specifically—rather than UNI or OP—might indicate several possibilities:$UNI

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