This week's newsletter is all about DeFi, a complex but exciting corner of crypto & market structure that traditional finance needs to take seriously. Thanks for reading!https://frontmonth.substack.com/p/a-legacy-guy-considers-defi …
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Thanks for the great article! One question I have is if any token can be traded on Uniswap, than what gives the Uniswap token value?
The way I understand it, if you hold enough UNI you can submit proposals to the protocol & influence its future development. I think of it as "voting shares" in the Uniswap protocol, but I'm still researching it all:https://uniswap.org/blog/uni/
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@SocietyGoBrrrrr We were talking about Uniswap and DeFi the other day. Hope this helps. -
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