Uniswap (UNI)

Airdrops as we know them are over. Giving tokens away to build a holder base has mostly created sellers. Across the largest airdrops, between 78% and 94% of recipient wallets had sold off most of their allocation by day 90. People cite Hyperliquid and Jito as proof airdrops can work, but neither succeeded because of the airdrop. Hyperliquid had over $1B in revenue funding buybacks that soaked up the selling from recipients. Jito’s eligible cohort was small enough to avoid industrial farming. Token economics are starting to require real protocol performance. MegaETH locked 53% of its supply behind performance targets. Pendle routes roughly 80% of revenue into buybacks for stakers. Token distribution is moving from handouts to performance.

we've been experimenting with dedicated accounts to build → @UniswapBuilders to bid → @UniswapAuctions https://t.co/5XACmsYEHf

the only real application innovation on ethereum in the last 10 years is 1/ uniswap 2/ tornado cash the rest are either too niche or just a fintech wrapper.

How to participate in @UniswapAuctions 00:00 What is a CCA 01:07 Browsing auctions 02:09 Reading an auction page 04:29 Understanding bids 04:54 Setting FDV 06:57 Submitting a bid 07:43 In vs out of range 10:00 Cancelling a bid 11:46 Graduation + refunds 13:06 Viewing bids https://t.co/Evslc8Qa02

Yesterday, we ran what may be the first DeFi borrowing transaction ever conducted on Capitol Hill. Senate staffers watched it settle onchain in real time without an intermediary. This is the kind of transparent system the CLARITY Act envisions. We put on the demo alongside @uniswap and @base, organized by the @BlockchainAssn and sponsored by the @fund_defi . The point was to show policymakers what the technology already does, and why the certainty the CLARITY Act provides matters for building digital finance responsibly. We're grateful to every partner involved, and for the Congress' engagement on what comes next. @DeFiSpartan