Any recent developments with UNI? Can we expect another wave?

The key point is governance voting. Once the voting mechanism is activated, Uniswap will truly enter a deflationary cycle. According to estimates, over $300 million worth of UNI tokens will be burned each year — this is no small number.

I previously opened a long position on a major platform, but then I thought the liquidity here is deeper, so I added to my position. Mainly, I’m optimistic that this deflationary logic can be truly implemented and executed. If the voting process proceeds smoothly, there is support for the price to move towards 20U. The prerequisite is that the overall market rhythm aligns; right now, we are still in the observation stage.