While I made a post here arguing why it should be delayed, per the announcement:

UNI holders can vote at some point to start taking 1/6th of any liquidity pool. So, the coin does have some actual value.

I think a lot of governance tokens suffer from their initial distribution, they end up controlled by get-in get-out yield farmers with no long term plans, so they basically have to dump to a point those who want it can afford it (or end up ran by vulture capitalists that will skin the sheep). Hopefully UNI's distribution helps.

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