The Uniswap model is a science project that could kill DeFi

In traditional finance, when you deposit money into a savings account, you can expect a reliable ROI from providing liquidity to the institution. But banks carry an implicit trust, whether through consumer protections or centuries of experience managing assets and navigating volatile markets. DeFi platforms do not have the same degree of investor confidence. Most DEXs simply do not have the experience to successfully capture value from their liquidity.