Uniswap (UNI)

What's happening in DeFi is identical to what was happening in the Soviet Union after World War II. Over 20 projects have shut down or wound down since the start of the year, including @AngleProtocol, @tallyxyz, @PolynomialFi, @parsec_finance, @Dmailofficial, etc. It's the market pruning projects that relied on constant token emissions, low organic usage, or outdated models. Tech was often fine; liquidity and adoption weren't. This purge is essential. What comes after is potential prosperity. The Soviet Union never got genuine, sustained prosperity. Reconstruction (1946-1950, 1951-1955) boosted official stats temporarily, but inefficiencies compounded, leading to stagnation. DeFi has better odds because of open competition, forkability, and real feedback loops. What are signs of getting better, though? - Shift to real yield and sustainability (less reliance on inflationary APYs; more focus on revenue, fee-sharing models (e.g., @Uniswap fee activation discussions), and organic use) - RWAs & institutions

UNISWAP FOUNDATION — ACCELERATION SEASON A 6-week online program with @UniswapFND for early-stage startups or projects ready to integrate Uniswap's API suite into their products, and accelerate from integration to traction. Applications open until April 15!

$UNI/USDT has found its bottom at this lower trendline support. It is sitting on this level as we speak and it is showing signs that this will fall, with a larger downward move in the following period if it does break. DYOR, NFA #UNI #UNIUSDT https://t.co/FbXI6imqgB

Build X is back. Season 2 of our AI hackathon sees Humans & AI agents taking the same stage, with a bigger prize pool of 60K USDT. Simply build with Onchain OS & Uniswap Skills + deploy on our mainnet. 🔗 https://t.co/BXLmsNaNQg 🗓️ Apr 1-15 More details 🧵👇 https://t.co/W8K4P5Urfk

Crypto gave up building real DeFi years ago. What we have now is onchain finance. For me real DeFi means: - no admin keys that can modify or upgrade contracts (most are upgradable projects) - no multisig that can pause withdrawals, block addresses (like Hyperliquid) - no centralized oracle feed or offchain dependencies that a single provider can manipulate (Aave falls here) And no governance token concentration that lets one entity do whatever it wants. In this sense only Uniswap falls under pure DeFi. Perhaps Curve too. Even OG MakerDAO had dependency on oracles but pivoted to pure onchain finance protocol. Or Reflexer's RAI that didn't target direct $1USD peg needed oracle. Liquity V1 was a good try but still needed oracles. a16z vision of 'progressive decentralization' was a right one, but we gave up on it. So blaming Drift for not being DeFi is true, but basically nothing is.

People might accuse me of grave dancing for saying it But we have to stop letting centralized things call themselves DeFi Admin key can drain all funds? CeFi Otherwise DeFi means nothing and it’s brand is destroyed No admin key can drain any version of Uniswap for a reason https://t.co/HSZuDk238f

People might accuse me of grave dancing for saying it But we have to stop letting centralized things call themselves DeFi Admin key can drain all funds? CeFi Otherwise DeFi means nothing and it’s brand is destroyed No admin key can drain any version of Uniswap for a reason https://t.co/HSZuDk238f