Quote from: slackovic on October 07, 2020, 03:03:10 PM

Quote from: int03h on October 07, 2020, 01:35:12 PM

UNI is a token of DEFI UNISWAP and is currently being generated over time. Their total supply will increase by 10 times when they are fully exploited. It is difficult for the UNI to raise prices over time if the project does not plan to vote or burn them over time.
Creative efforts will take place for UNI to increase value.

I don't understand why do people think that if a token is generated over time, it's price can't go up. Could you explain why does the price of some mineable coins increase over time even though new coins are mined all the time? It's simple - if there is more buyer then sellers, the price will go up; if there is more sellers than buyers, the price will go down. True, it does matter if new coins or tokens are generated all the time, but it's not the only reason for the price to go down.

Currently the entire market is in red and so is UNI. I don't understand why is everyone surprised that it's price is going down after that big pump to $8.

Growth requires different organic interactions. The current UNI is the reward of liquidity groups. UNI is also used to vote for UNISWAP activities as daily rewards for groups. I don't know what it will use in the future but look at the Curves, they have a deflator pattern that increases over time and it's 10 times more valuable than ATH. Yearn.finance has reduced the price for maximizing YFI. I am just speculating that the UNI will be similar to the tokens mentioned above. The value of UNI also depends on how UNISWAP was invented to add value to the token.