UNI burns 100 million tokens, this might be the most stable 'turnaround' opportunity this year
To be honest, after being in the DeFi circle for a long time, everyone has complex feelings towards Uniswap (UNI).
In terms of status, it is absolutely the big brother, the unshakable DEX leader; but in terms of coin price, it is simply the 'heartbreak' of value investing—business is ridiculously strong, and the coin price is as stable as an ECG. What everyone complains about the most is: 'Other than voting, what is UNI actually useful for?'
But this time, the wind has really changed. When the news of the destruction of 100 million UNI came out, I knew that the sleeping giant had finally been kicked awake.
1. Don't take 'burning' lightly; this is real money.