BlockBeats News, November 11th, CryptoQuant CEO Ki Young Ju stated that if the Fee Switch mechanism is activated, Uniswap’s price could experience a parabolic rise.
Even if only considering v2 and v3, the protocol’s trading volume since the beginning of the year has been $1 trillion. If the volume remains the same, approximately $500 million worth of UNI would be burned annually.
The trading platforms hold only $830 million worth of UNI, so even if unlocked, a supply shock seems difficult to avoid.
