When I wrote 1 year ago that UniSwap is something very magical few people here appreciated it:
UniSwap is a smart contract on the Ethereum network. The keys are yours. No KYC. It is onchain. It is trustless. This is the right way. The crypto was invented to REMOVE counterparties, not add them…
But other people appreciated it and made a copy of it called SushiSwap.
The difference with the original was that there is a different economic model - instead of the UniSwap free service, in SushiSwap they had added their own token.
Out of greed, people started moving from UniSwap to SushiSwap (this chart shows how 60% of liquidity shifts):
So the good people from UniSwap were forced to stick a token to their product - they distributed it to 250k addresses (free $ 2000 per address). This turned the tide and drew people back to UniSwap:
I have said what I think is an appropriate solution - if people are not willing to pay to use the network, part of the inflation can be paid to the foundation and it can use that money to upload data to the network so that it can grow and to attract new farmers.
I also think that there are a lot of smart people in the community, and when a potential problem is identified, these people will use the power of their minds to solve these potential problems.
I’ve also said many times that every member of the community, instead of believing that things will work out on their own, should consider what they can do personally to help. There is no one else to do the job, we have to do it.