The switch for transaction fee dividends might really split the DeFi market in half.

UNI has been quite awkward over the years—its market capitalization is there, everyone recognizes the brand, but if you ask how much it’s worth? No one can say clearly. In the entire decentralized exchange space, Uniswap has performed the most steadily, with the most users. But here’s the problem: if it doesn’t distribute dividends to token holders, how can institutions assess its value? How do retail investors calculate it?

Valuation black hole, that's what this is about.

But now it's different. They have done everything they needed to do and played all the key cards in one go. With the introduction of Dividend distribution, this project can finally be considered a complete cycle. Serious money and institutional funds can finally price it according to traditional logic.

This step will change the entire industry's game.