What's the motivation behind this hook? Does it do anything better than two of the biggest data fetching hooks swr (https://github.com/zeit/swr) or react-query (https://github.com/tannerlinsley/react-query)?
the goal of the library is the same as the libraries you mentioned.
I wouldn't say react-ufo does anything better at the moment, it offers a slightly different API which I hope would be a bit more flexible.
My ultimate goal would be to achieve a few simple primitive hooks with a single responsibility each rather than a single very smart hook doing many things.
This release is my first step towards this goal.