#UNI一个项目好，赋能晚些也来得及！

uni suddenly fell, about the reason for uni's fall.

Labs received a Wells notice from the U.S. Securities and Exchange Commission (SEC) today.

I am not surprised, but annoyed, disappointed, and ready to fight back. I believe that the products we provide are legal and our work is correct from a historical perspective. But it is clear that the SEC has not worked to formulate clear and sensible rules for so long, but has decided to focus on attacking

Meanwhile, bad actors such as FTX are at large. When I first set out to create Uniswap, the goal was not to reinvent finance. This is a completely decentralized, fully automated on-chain market experiment. I didn't know if it would succeed or if anyone would use it. Today,

the Uniswap protocol has processed more than $2 trillion in transactions

, and many teams and developers have contributed to our code. Many teams and developers have contributed to our code

We have built a brand new financial infrastructure that is transparent, fair, secure, and accessible to power the entire industry.

The Uniswap team also does all of this work in its office in New York City, USA. People often ask me why we stay in the US, and my answer is simple: I believe blockchain is an incredibly powerful technology. Like the internet, it’s here to stay. So someone needs to fix it, and that someone could be us. When you build technology that improves people’s lives, you don’t have to hide.

The SEC’s mission is to ‘protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.’ That’s a noble mission. I think Uniswap is doing a much better job of that today than the SEC.

Yes, I’m disappointed because the SEC seems more concerned with protecting an opaque system than protecting consumers. We have to fight against US government agencies to protect our companies and our industry.

This fight will last for years, possibly all the way to the Supreme Court, and the future of fintech and our industry is at stake. If we stand together, we can win. I think freedom is worth fighting for. I think DeFi is worth fighting for, too.

Of course, we will not stop operating.