The Uni L2 launch isn't too surprising as Uniswap aims to be a platform, not just a dApp.

The first step was announcing Uniswap V4 with "hooks."

Think of them as "plugins" or "extensions" that allow for the execution of customized code during key events within a pool like:

• on-chain limit orders 
• autocompound LP fees 
• KYC

The "hooks" are like bringing App Store to the iPhone.

Like Apple no longer needed to develop iPhone apps themselves, devs can build on top of Uniswap.

Now, the L2 further solidifies their dominance and liquidity.

This is bullish for $UNI as Uniswap DAO now has many more options for token utility. 

Notice how Unichain's announcement doesn't mention token utility: they are keeping the options for now and discussions in the forum will start. Fee switch is not the only option anymore.

Uniswap V4 introduces innovative "hooks" for customized functionality, akin to an App Store for developers. Uni L2 launch strengthens their position, offering more token utility options. Bullish for $UNI. Exciting times ahead! 🚀🌐