The $UNI token and its future

Aside from being a governance token, is there any plan for $UNI to have a unique use case? Is there anything we can be looking forward to? Holding this has been a pain and I need some reassurance as I dont see any information about this. Thanks

3 Likes

The main plan is to stay a governance token. Im not sure if there are any other plans than that currently.

But hey! Its good though…the UNI token holders are subsidizing a DeFi Fund, Grants Program, and etc. So, stuff is being done, goodies are being built; however, Im not sure whether the UNI token holders will get a whole lot of benefit from it now. Most likely not, but they will foot the bill for now.

2 Likes

What use case does any other cryptocurrency have other than really boiling down to a mechanism to transfer value? Most cryptocurrencies hold very little utility. And before you mention staking, question yourself if you think that is really a use case.

By holding UNI you’re speculating and investing in a governance and protocol that dominates the majority of DeFi on ethereum. Uniswap is the face of DeFi - wouldn’t you want to own some of it? But like @Buckerino mentioned - there’s still much to be built.

3 Likes

hmm you are right about that. investing in $UNI is investing in the Dex itself. thanks and to @Buckerino for the responses

No worries, but just to clarify - no, its not investing in the DEX itself. Its investing in the UNI token and its governance meaning you relinquish the rights to your capital (until you sell your tokens) to the whims of governance proposals.

Just wanted to make it clear :slight_smile:

1 Like

I look forward to Uniswap as a torchbearer for the DeFi space as a whole. Token’s usecase would come with the evolution of the protocols.

4 Likes

I believe that Uniswap is an important piece of infrastructure for the DeFi ecosystem.

1 Like

Come on guys, UNI is an asset that can be traded and therefore it has monetary value. People hold it because they expect that it’ll capture the intrinsic value of the Uniswap platform somehow, resulting in price appreciation; otherwise they would only acquire it (briefly) to vote, and then sell it again thereafter.

All these people trying to sell us this idea that price doesn’t matter - I get it, it’s about legal concerns, but there’s no need to treat each other like kids - need to finally address the elephant in the room. We need a good tokenomic model for UNI so that the token at least keeps its ETH value, otherwise holders will lose interest entirely, the treasury will become worthless and the project won’t be able to finance any further development.

Let’s be pragmatic and think long term please. There’s a lot of potential here.

2 Likes

Hey everyone! There is a paragraph in UNI token explanation which is: “A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to Uniswap at the expense of passive UNI holders”. Can you explain it more? That means after reaching 1 billion total supply, Uniswap will add more UNI to circulation for users to stake their tokens and earn UNI right?

I 100% agree to this.