This is the potential $Uni Mcap / Buyback ratio. Sitting above HL but below Aave and Etherfi. $Uni is not cheap if we ignore its market position as the AMM pioneer and benchmark it against $hype with annualized numbers. Some insights with @andyandhii the data wizard 🧵
1/ $Uni buyback is coming , here are the basic: > v2 fee pool will take 1/6 of the fee. > v3 fee pool will take 1/4 for 0.01% and 0.05% , 1/6 for 0.3% and 1%. > 100% of Unichain sequencer fees go to burn after covering L1 data costs and 15% paid to OP. > Frontend fee will be deactivated. > 100M Uni retroactive burn. > More fee activation is coming on the roadmap.
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