Uniswap sets record with 134000 UNI tokens burned in a day! What does this signal for Ethereum and DeFi investors?
Hayden Adams, the founder of Uniswap, has compared current market conditions to the 2018 bear market in which the protocol was born. Adams underlined his continued optimism for decentralized finance (DeFi) and Ethereum, remarking that the recent sentiment about Ethereum closely mirrors the period when confidence in the blockchain platform hit historic lows.