$UNI , grand hacker, could you buy some UNI? I want to break even!
A 29x trailing run rate, based on a 44x multiple on a 30-day basis. $UNI trades at a multiple of protocol revenue, and that multiple is sustainable only if the 0.05% burn mechanism continues to compound.
The hacker dumped the entire stolen UNI token stash into DEX pools, and the burn engine absorbed it. 100 million tokens have been burned, with this week’s figures reaching an annualized rate of $149 million.
Tokenized equities through permissioned v4 pools are an expansion scenario.
A 29x trailing run rate, based on a 44x multiple on a 30-day basis. $UNI trades at a multiple of protocol revenue, and that multiple is sustainable only if the 0.05% burn mechanism continues to compound.
The hacker dumped the entire stolen UNI token stash into DEX pools, and the burn engine absorbed it. 100 million tokens have been burned, with this week’s figures reaching an annualized rate of $149 million.
Tokenized equities through permissioned v4 pools are an expansion scenario.
