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Trader Eugene: Uniswap's activation of the fee switch is Favourable Information for Decentralized Finance, and the crypto market will increasingly trend towards traditional stock markets in the future.

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On November 12, trader Eugene Ng Ah Sio posted on his personal channel stating, “The discussion about the Uniswap fee switch exhibits a phenomenon of 'seeing the trees but not the forest.' We are witnessing how a pro-crypto regulatory framework is changing the value accumulation strategies at the protocol layer, ultimately benefiting Token holders. This is a very positive step forward for the entire DeFi industry and sets a reference precedent for future protocols. As the insider dumping gradually comes to an end, active market participants will be able to value these protocols more reliably based on fundamentals. At that time, the crypto market will have less of a casino-like nature and more characteristics of a traditional stock market.”

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