The recent decline is caused by a widely circulated rumor: an annual issuance or release of 20 million UNI. The actual situation is an annual operating cost of $9.99 million, including executive salaries of $3.87 million. Converted, 1.7 million UNI would be enough to cover it.
The recent decline is rooted in this rumor: an annual issuance of 20 million tokens for operations. The actual situation is: except for the first version of the white paper, it has been canceled afterward. You can access reports through VPN or search for "Wu Talks Blockchain." The actual annual operational cost is $9.99 million, including executive salaries of $3.87 million.
#UNI Burned another 12,000 tokens overnight, bringing the total burned to over 100,237,759 tokens. The total supply of UNI is now 899,762,421 tokens, and it continues to decrease.
#UNI on-chain data is open and transparent. Some idiots on the square of still live in lies. They firmly believe in various rumors, such as the annual issuance of 20 million tokens and that burning is fake, etc. I understand them because those who make money are always the minority who see the truth and do not believe lies.
#UNI The fund size is at least one billion, with a 42% allocation to UNI, which means at least 400 million will be used to buy UNI. At a price of 5.5, this amounts to purchasing 72.72 million tokens.
#UNI Only buy spot, not contracts, because contracts often experience price spikes and there are cases where the price is still in the position but gone. Buy spot aggressively, because of burning, this year will definitely see a hundred U high price.
#UNI has been burned again. The total supply is now 899,858,421 tokens. Real gold and silver are automatically burned in the secondary market, which is a genuine positive. Buy spot.
#UNI The burn rate has accelerated, with 16,000 tokens burned today. A total of 100,145,579 tokens have been burned, and the total UNI remaining is 899,854,421.