Recently, UNI's burn actions have attracted a lot of attention—burning 100 million tokens at once. Such operations indeed support the token's value. Historically, regular burns have been an economic model adopted by many leading projects.

Take a certain top exchange's ecosystem token as an example. Through quarterly burn mechanisms to gradually reduce circulating supply, combined with the exchange's own business growth, it has indeed supported long-term appreciation. The logic is straightforward: decreasing circulation + stable or increasing demand = increased scarcity. This formula has been validated across multiple projects.

UNI's situation has similarities but also unique advantages. As a leading project in the DEX sector, UNI's moat is not only in its burn mechanism but also in its actual ecosystem applications. From core trading functions to cross-chain expansion, liquidity mining, governance participation, and other dimensions, UNI is gradually完善 its product matrix. The implementation of these ecological applications is key to supporting the long-term value of the token.

Burning is the icing on the cake, but real ecosystem growth is fundamental. Whether UNI can achieve sustained appreciation like some projects ultimately depends on whether its ecosystem can continuously attract developers and users, and whether it can maintain a leading position in the fierce DEX competition. Based on the current ecosystem activity, this outlook is worth期待.