In my opinion, $UNI has been a very poor role model for the broader altcoin market for quite a long time. For years, it was the prime example of “protocols can be valuable, while their underlying tokens don’t accrue that value.” Many other altcoins clearly followed that example, which ultimately damaged investor trust across the long-tail altcoin market. The recent proposal by @haydenzadams and the @Uniswap team to completely reverse this and make the $UNI token the central point of value accrual for the protocol, combined with the suggestion to retroactively burn 100M tokens to compensate for the time when that wasn’t possible due to regulatory constraints, changes everything, in my view. Just as Uniswap was long seen as the textbook case for why tokens might not be the best investment vehicles, this move could flip that perception by 180 degrees. It will put pressure on most other DeFi protocols (and the broader altcoin market) to take similar steps if they want to regain investor interest and trust. Altcoins have had a tough time lately, and frankly, with good reason. But I believe this will be a major catalyst that not enough people are talking about, especially for those projects that adapt, commit to their token, and start treating it as true onchain equity. When you take this into account, alongside recent developments from historically conservative firms like @coinbase and @brian_armstrong, who are becoming far more aggressive and launching products like their own launchpad, it suggests to me that the Clarity Act might be much closer than most people think. And if that’s the case, it could be one of the biggest near-term catalysts for the entire industry. Forget short-term prices, it’s about time we enter a completely new era for this space, one that will take everything to levels we couldn’t even have dreamed of a few years ago. The fundamentals for this industry have never been stronger.