The rise of onchain equities will result in the downfall of valueless governance tokens.And that's a good thing. https://t.co/f913QrA4Li ...

uniswap generated $115.7m october fees but token holders get nothing. senate bill just legalized fee switches for defi protocols. hayden adams proposed activation plus 100m uni burn. $1.4b annual fees at 20% distribution equals $280m to holders. governance tokens becoming productive assets overnight. ...