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Trader Eugene: Uniswap's Fee Switch Benefits DeFi, Crypto Market Moving Towards Traditional Stock Market
Summary: Trader Eugene Ng Ah Sio stated in a personal channel post that the discussion surrounding Uniswap's fee switch is beneficial for DeFi, with regulatory changes impacting protocol-level value accumulation strategies, ultimately benefiting token holders. This marks a positive step forward for the entire DeFi industry, setting a precedent for future protocols. As insider selling gradually ...
Trader Eugene Ng Ah Sio stated in a personal channel post that the discussion surrounding Uniswap's fee switch is beneficial for DeFi, with regulatory changes impacting protocol-level value accumulation strategies, ultimately benefiting token holders. This marks a positive step forward for the entire DeFi industry, setting a precedent for future protocols. As insider selling gradually subsides, active market participants will be able to more reliably value these protocols based on fundamentals. This shift will reduce the speculative nature of the crypto market and introduce more characteristics of traditional stock markets.
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Link: Trader Eugene: Uniswap's Fee Switch Benefits DeFi, Crypto Market Moving Towards Traditional Stock Market [Copy]