Is UNI Crypto Stimulus?

Seriously, DeFi is on fire

Happy Thursday, Blockfolians

The Lede

Last night, Uniswap surprised the crypto industry with the announcement of their governance token, and an airdrop campaign to go alongside it that some (ahem) likened to crypto stimulus.

There was a TON of response (some of which you can go see in the Community Commentary section). Some of it frustrated with Ethereum performance, but most of it excited about the unexpected reward.

The reality is that DeFi is right now the most exciting, dynamic, fast moving part of the most exciting, dynamic, fast moving industry in the world.

Need more evidence?

DEX volumes in September continue to soar, breaking last month’s all-time high with 13 days left in the month.

It’s a good time to be playing in this particular sandbox, is all we’re saying.

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Highly Relevant Reading


Community Commentary

This questions matters for much much more than the Uniswap token
This is a tremendously useful primer

A Really Big Number We Should Be Paying Attention To  

$1,000,000,000

That’s the amount of bitcoin that has been tokenized, year to date.


Final Thought

Hell yeah