$UNI governance is a broken experiment, currently bleeding out as it fails to capture the massive fees flowing through its own protocol.
Despite $3.6 billion in total value locked, holders are getting fleeced while liquidity providers exit to greener pastures.
You are holding a bag of nothing if you think this governance token captures value.
Real yield is dead here, and the protocol revenue is being handed to everyone except the people actually holding the token.
$ACE and ETH are laughing at your "decentralized" loyalty while your portfolio continues to bleed against actual performing assets.
Stop pretending that voting rights on a sinking ship have intrinsic value.
Dump the narrative and wake up to the fact that $UNI is structurally designed to dilute your net worth into oblivion.
#UNI #ACE #ETH
Despite $3.6 billion in total value locked, holders are getting fleeced while liquidity providers exit to greener pastures.
You are holding a bag of nothing if you think this governance token captures value.
Real yield is dead here, and the protocol revenue is being handed to everyone except the people actually holding the token.
$ACE and ETH are laughing at your "decentralized" loyalty while your portfolio continues to bleed against actual performing assets.
Stop pretending that voting rights on a sinking ship have intrinsic value.
Dump the narrative and wake up to the fact that $UNI is structurally designed to dilute your net worth into oblivion.
#UNI #ACE #ETH