According to @jchervinsky, the latest Uniswap governance proposal represents a next-generation DAO model where UNI may provide tokenholders real ownership of onchain infrastructure and cash flows while reducing the need for continuous micro-governance, source: X post by @jchervinsky dated Nov 11, 2025. According to @jchervinsky, tokenholders would retain ultimate control over digital property with powers to contract for services and delegate responsibilities, framing UNI as a capital asset tied to protocol operations, source: X post by @jchervinsky dated Nov 11, 2025. According to @jchervinsky, this aligns with the minimize governance maximize ownership framework co-authored with Jesse Walden that differentiates tokens from equity by emphasizing ownership and control over daily management, source: Variant Fund blog article Tokens versus Equity by Jesse Walden and Jake Chervinsky. According to @jchervinsky, for traders this model makes governance outcomes and any explicit cash flow rights a direct driver of UNI token valuation and risk pricing, linking protocol performance to holder returns, source: X post by @jchervinsky dated Nov 11, 2025.

According to Phantom (@phantom), Solana developers and Phantom team members collaborated at Variant Fund to accelerate the Solana ecosystem. Traders should note that Phantom's co-founder, Brandon Millman (@BChillman), will deliver a keynote on May 22, 2025 at 1:25pm ET, providing insights into ecosystem growth and potential new tools or integrations. This event is likely to impact Solana (SOL) and Phantom wallet adoption, which could influence SOL trading volumes and user engagement across DeFi protocols built on Solana. Source: @phantom on Twitter, May 21, 2025.