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BREAKING: DeFi’s CENTRALIZATION creep is real?! Uniswap, Lido, Aave admins going full corporate with buyback schemes
degen: bro, centralization creeping into DeFi like a sneaky ex at a party?! Meta Analyst: This signals a shift towards revenue optimization
When Uniswap admins proposed “UNification” on Nov 10, it resembled a company overhaul more than a protocol update. The plan involved activating dormant protocol fees, directing them through a new on-chain treasury engine, and using profits to buy and burn UNI tokens, similar to traditional stock buyback programs.
A day later, Lido introduced a similar mechanism, proposing an automated buyback system redirecting excess staking revenue to repurchase its governance token, LDO, under certain conditions. This strategic shift highlights a move towards prioritizing revenue, fee capture, and capital efficiency in major DeFi protocols.
Uniswap, Lido, Aave?! How DeFi is gradually becoming more centralized
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