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Dragonfly Partner: Uniswap's Valuation Increases 240 Times After Activating Fee Switch, Expected to Lose $100 Million This Year
Summary: According to Dragonfly partner Omar Kanji, Uniswap's current valuation is approximately 240 times the annual fee revenue (54 billion USD FDV / 23 million USD annual fees) after activating the fee switch. Taking into account the allocation of 20 million UNI tokens this year (approximately 1.23 billion USD at the current price of 6.16 USD), ...
According to Dragonfly partner Omar Kanji, Uniswap's current valuation is approximately 240 times the annual fee revenue (54 billion USD FDV / 23 million USD annual fees) after activating the fee switch. Taking into account the allocation of 20 million UNI tokens this year (approximately 1.23 billion USD at the current price of 6.16 USD), the protocol is expected to incur a loss of around 100 million USD this year.
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Link: Dragonfly Partner: Uniswap's Valuation Increases 240 Times After Activating Fee Switch, Expected to Lose $100 Million This Year [Copy]
