Dragonfly Partner: Uniswap's Valuation at Launch Fee Switch is 240x Annualized Fee, Could Lose $100M This Year
BlockBeats News, January 7th, Dragonfly partner Omar Kanji posted, stating, "After enabling the fee switch, Uniswap's current valuation is approximately 240 times the annualized fee revenue (54 billion USD FDV / 23 million USD annual fee revenue).
Considering further the allocation of 20 million UNI this year (calculated at the current price of 6.16 USD, approximately 123 million USD), the protocol is expected to record a loss of about 100 million USD this year."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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