Will Uniswap ever recover

What the heck happened

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>inflationary useless governance token
Why would it?

DeFi tokens are all VC scams. Nothing was ever organic with the token pump and you became the yield

overleverage and demoralization. whales accumulating.

t. meta dogcoin safemoon newfag investor

>governance
how is your governancing going, bagholder? Good experience? Worth holding an imaginary token?

why would they be accumulating retard

>not immediately spotting a jew cash-out coin
i think people like you are genetically predisposed to be cattle. you see a project with most shares held by 2-3 people and say "ok i will give all of my worth for a small fraction of their holdings" in this moment you have accepted subservience. moo.

hes joking

Rubic is the chosen one.
Forget uni.

UNI was airdropped to many people

Only reason would've been if the fee switch protocol was actually going to be activated, but I haven't heard shit about that in a long time.

No its dex tokens and defi tokens in general only do a pump and dump then bleed forever.
You literally cant name one defi token that went up constantly

Uniswap worked perfectly before the token even existed.
The token was added later on for "governance", and they don't even use governance votes for major decisions.

Even Vitalik knew this, and desperately tried to get Uni to start building oracles so they could finally make their token actually useful.

They don't do anything. They are, by design, the "yield" you get from supporting the protocol. The fuck is the point of defi and yield if you're not actually cashing out the yield?
> Omg I get higher apy than da banks and da joooooz but I never sell oops I lost it all :(

>he fell for dividends for holders meme

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>Centralized, fundamentally flawed, capital inefficient design)
>legacy tech soon replaced by capitally efficient counterparts that have:
>>no IL
>>no schrodinger's slippage
>>no failed tx
>as well as:
>>automated trading strategies like auto DCA or auto add/remove LP

No its only use was to hide LINK's pumps whenever LINK used to pump. Now LINK doesnt pump uniswap isn't needed for that so its been abandoned by the whales who manipulate the fuck out of this entire market.

forgot:

>running on a solid chain that can run advanced dapps like that

Why should it? Look into fairyswap, highly recommend, better than uni in my opinion

No, it's dated now.

Xfai will be the biggest DEX this time next year, being released next quarter. DYOR if you don't believe.

Mostly true, except for BNT which has some uses. Mainly IL protection and allowing single sided liquidity staking. It has dropped harder than any of the defi tokens though, curiously.

Why would you buy a useless governance token