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Most people still don’t understand the new $UNI setup.
Since the fee switch, protocol fees flow into the pool, and accessing those funds requires UNI to be burned.
The fundamentals improved, but price still suffered a massive drawdown before recovering—showing the real challenge: understanding fundamentals is easy; holding through the volatility is hard.
$UNI’s burn model is also more complex than $HYPE’s straightforward fee-to-buyback approach.
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