Just now, a milestone event occurred in the DeFi space: the Uniswap fee switch proposal was passed with an overwhelming majority and will soon be activated! This means that UNI, once the 'king of governance tokens,' is finally taking a historic step—starting protocol fee capture and initiating a massive burn of 100 million UNI.
In simple terms, UNI is transforming from a 'voting paper' into a true value asset that can generate cash flow and has a deflationary model. As soon as the news broke, UNI rose sharply, and the market voted with its feet, announcing the beginning of a new era.
The deeper significance of this matter goes far beyond the short-term fluctuations of UNI's price. It reveals a core trend that is spreading throughout the entire crypto world: protocols are transitioning from the barbaric growth phase of 'pursuing scale' to the mature construction phase of 'optimizing value capture and distribution'. Everyone is starting to seriously think about: how to more directly and sustainably feedback the massive value created by the protocols to the supporters and builders of the ecosystem?
However, as we applaud for UNI's 'value awakening', a more fundamental question arises: If even a giant like UNI needs to struggle through complex governance votes and economic model reforms to 'create' and 'distribute' value, is there a protocol whose value creation and stable distribution is inherently written into its genes? Is there an asset whose stability and profitability do not rely on lengthy governance upgrades, but are automatically realized based on mathematics and algorithms?
This is precisely the question that @usddio protocol has been committed to answering since its inception. Unlike UNI, which needs to undergo significant changes to 'obtain' value capture capabilities, the core design of @usddio is itself a precise, self-consistent, and continuously operating value stabilization and distribution system.
#USDD is stable and trustworthy. This 'stability' not only refers to price stability but also represents the certainty, transparency, and sustainability of the value generation and feedback mechanism.
Native value engine: @usddio does not rely on external trading traffic to 'switch' out value. Its mechanism design enables the minting, circulation, and ecological returns of stablecoins to automatically form a closed loop, continuously generating value and distributing it to participants in the system.
Instant value sharing: Users holding or using @usddio ecological assets can continuously share the stable returns brought by the protocol's growth through staking, providing liquidity, etc., without waiting for governance vote results. Value feedback is real-time and predictable.
Robust system trust: Its stability does not rely on the commitment of a certain foundation or the variables of community voting, but is based on over-collateralization and algorithmic logic on a public chain. Trust comes from code, not from human resources.
The transformation of Uniswap tells us that top protocols are striving to 'catch up', learning how to better endow tokens with value. @usddio represents a more advanced idea: from the very beginning, building a system that is value-endogenous, fairly distributed, and prioritizes stability. This is not only a difference in technical pathways but also a different philosophical reflection on the 'source of value in crypto assets'.
UNI's 'awakening' is the evolution of the old gods, while @usddio represents the native of a new paradigm. The former deserves our attention for its transformation, while the latter may be more worthy of our contemplation regarding the future it represents.
Therefore, after celebrating UNI's historic vote, perhaps we should pay more attention to: In this new era where value return becomes the main theme, which protocols are inherently embedded with 'stability' and 'sharing', thus able to robustly and fairly navigate all future cycles? This may be the key to our next stage of layout.
