UNISWAP PRINTS $2.6B A YEAR. HOLDERS GET ZERO.
Governance is still talking about the fee switch, if even 10% of revenue flows to stakers, UNI reprices overnight.
UNI at $6.14 | Rank #14 | $3.69B Market Cap | Down 16% YTD
The protocol generates massive revenue. The token earns nothing. Uniswap processes $2.6B in annual protocol fees while Bitcoin rallied 83% this year and UNI holders received exactly $0. Every dollar flows to liquidity providers, not token holders. But governance is discussing the fee switch. If Uniswap redirects even 10-15% of fees to UNI stakers, the token reprices from "governance paperweight" to "productive DeFi asset." The question isn't if it makes economic sense. It's whether governance acts before capital rotates elsewhere.