Arca Chief Investment Officer: Not bearish on Uniswap, but bearish on UNI

Odaily News Arca Chief Investment Officer Jeff Dorman replied to Uniswap founder Hayden Adams regarding a tweet on the performance of the protocol's data, stating: "We are not bearish on Uniswap, but we are bearish on UNI. In today's market and the ever-changing regulatory environment, it is simply a completely meaningless Token. Your and your venture capitalists' position doesn't matter; either switch to a revenue distribution or buyback model, or just don't do the Token at all."

UNI-10.74%
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