Why Uniswap is up 🤩 Uni Crypto Token Analysis

Write a 1000-word comprehensive and engaging article from the script the uni token by the uni swap exchange is going ballistic and unless you’ve been living under a rock you know that this is because of a governance proposal a proposal that enables uni holders to participate in the swap fees so as you know uni swap is the largest decentralized exchange and whenever you swap a token right token a for token B uni swap takes a fee that’s 0.2% now most of that fee usually goes to the liquidity pool providers or the people that give the cap for you to enable those swaps but with that governance proposal things might change so let’s have a look at the details here let’s go beyond the headlines that you might see from other YouTubers first things first this is thei we are currently at $12.22 let’s have a look whether or not this can actually continue if this is just the start now here are the headlines everybody is talking about and I will start with this as well Unis swaps uni token jumps 60% on proposal to reward token holders in major governance overhaul so the personal responsible for this party is Ain Cohen he submitted that proposal and I will leave the link to that Twitter thread Below in the video feel free to check that out I will also leave the link to the proposal itself now here’s the tldr for all of this Arin Cohen proposes that you have to stake your uni token and then delegate the voting power of your uni tokens to somebody so the problem Unis swap is trying to fix here is participation in governance proposals right now only 10% of uni token holders actually participate in governance and the majority of them didn’t even participate in the recent ones and that’s a problem because then a small minority can impact the development of the protocol by a lot and so by incentivizing staking and by coupling this with governance the uni token is probably going to get more demand that’s why we see this price rise now does it make sense to jump on this where will the price go the price is always a result of Demand versus Supply let’s look at Supply first because that’s the easier side of of the equation let’s have a look at the following chart this chart shows us the token unlocks over time and yes there was terrible inflation in the uni token more and more tokens got issued but look at this we are only 5% away from Maximum Supply and so the toomics of uni have drastically changed now if you’ve got something that doesn’t dilute but that does ACR Revenue over time that’s super super bullish now let me show you the dilution problem in the past this is the uni token divided by ethereum so you want to look at relative performance and the bare Market really really crushed uni uni underperformed ethereum by almost 90% the underperformance somewhat stopped though in the last 2 years roughly and again that makes sense because the dilution slowed down in September of this year the dilution will be at zero and that of course makes a very attractive value proposition the big question here is what will be the apy on that token the The Proposal will be posted on March 1st and will end on March 8th and it seems like the market believes that it will go through I am wondering what the smart money is doing here are they now accumulating or are they rather dropping and taking profit here let’s have a look at the onchain data because that’s a nice thing about the uni token it’s traded on uni swap surprise surprise let’s have a look at the number of retail investors versus rather large investors the Wales on the left side we’ve got the number of wallets that hold at least a 100 uni tokens at the current price that’s $1,200 that’s retail in the middle we’ve got mediumsized retail so that’s not $122,000 on the right we’ve got the Wales that’s $120,000 now it’s interesting that the whales are the most persistent in accumulating this is normally not what we see but those are very long-term charts starting in 2020 I want to know what happened in the last month and especially in the last few hours here we’ve got the last month and yes pretty much everyone is taking profit not massively but there is some profit taking I’m not sure if that profit taking is Justified in the end the uni token will get real Revenue here and because of that I’m planning to buy some uni tokens at this higher price I do believe that this is still buy the rumor sell the news this has not yet passed I say I will buy not I have bought because I always buy after publishing a video I never front run you guys I always buy afterwards so you’ve got the opportunity to front run me not Vice Versa if it’s your first time here feel free to subscribe I publish videos regularly a like would be very much appreciated as well it helps the channel grow there’s also a free telegram looking forward to chatting with you link is down below that includes Token Market Analysis. Please structure the article with appropriate subheadings in `

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