The recent actions regarding UNI are indeed very interesting. The on-chain voting has just concluded, and the plan to burn 100 million tokens has been finalized; the transaction fee buyback and burn has also been written into the protocol to take effect permanently. In other words, the money earned by the protocol will genuinely flow to UNI holders in the future.

This transition is not that simple. Once, UNI was just a voting tool; now it has become an asset that can share protocol revenues. The entire DeFi space is watching this signal—markets are starting to reassess using fundamentals and cash flow.

When leading protocols are capturing value, we need to reflect on our asset structure. Market fluctuations and narrative shifts are always happening, but you need something truly solid to underpin it. This is also why many people look at the stablecoin sector when discussing UNI's evolution.

As the market begins to pay attention to fundamentals, stability itself has become a scarce asset. Those stablecoin solutions that adhere to over-collateralization, on-chain verifiability, and rules determined by code address the most fundamental trust issues. It's not based on stories, but on reserves that can be seen and touched.

The story of UNI actually reminds us that long-term value must be built on a sustainable economic model. Choosing a transparent and solid underlying asset is just as important as pursuing high-yield targets.