Uniswap’s trading volume is record-breaking. Why doesn’t UNI reflect this?

[bonk]

A: UNI lacks mechanisms like buybacks or profit-sharing. Its tokenomics are decoupled from protocol revenue, leaving holders without direct incentive despite $1.65B in annual transaction fees. Transparency and token unlock schedules further dampen value capture.

[kelson10]

UNI problem in a nutshell: $1.65B in fees, but holders see none of it. No buybacks, no revenue share = weak tokenomics. ️

[EmTeam]

Decoupled tokenomics hurt UNI value capture. Without direct incentives, holding UNI feels more like governance than investment. ️

[jacson4]

Transparency on unlocks is good… but constant supply overhang + no profit link keeps pressure on UNI price.

[JanEmil]

They wanted to make sure they is not a security token.