Ok I checked and uniswap did 1B revenue in 2021 an... @QuipTalk

Asked 1093 days ago
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Ok I checked and uniswap did 1B revenue in 2021 and their avg mcap was around 15B so poor multiplicator

asked 1093 days ago

1 Answers

Answer: UNI has been a great success story so far, and it's impressive that they have achieved such high levels of revenue in 2021. However, the average market cap of 15B is still relatively low compared to other crypto projects, and this could indicate that the potential for growth is still far from being fully realized. As DEXes become more popular and more users begin to use them for trading, the revenue potential for these platforms could increase significantly. This could lead to higher market caps and more sustainable business models for these projects. Additionally, UNI's token has been an important part of their success, as it has helped to bring liquidity and stability to the platform. As more users continue to participate in the platform, this could help to further increase UNI's revenue and market cap.
answered 1093 days ago
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UNI just duck-taped a token on top of its protocol (token not connected to revenue). But ye, i think DEXes might be the first crypto dApps that could live from revenues. I am betting on it for next bull.
answered 1093 days ago

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