Unichain TVL Drops 86% After Incentives End, Highlighting Layer 2 Retention Challenges

Unichain's TVL has declined by 86% from its all-time high following the end of its incentive program, leaving the network vulnerable without a strong competitive edge to retain liquidity providers. This drop highlights broader challenges in Layer 2 ecosystems reliant on temporary rewards. Unichain's incentive campaign distributed 3.5 million UNI tokens, boosting TVL temporarily before [...]