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Why Are Traders P*ssed at Uniswap?

2 years ago
in Web3
Reading Time: 2 mins read
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TL;DR

Uniswap has began to take a charge on the next tokens: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD.

The charge solely applies in case you use the Uniswap interface – the product constructed by Uniswap Labs on prime of the Uniswap protocol.

In lower than 3 days, Uniswap has generated slightly over $100k, which might have racked up an estimated $22 million in income YTD.

Full Story

“What was once free, is now going to value you.”

That ain’t the very best gross sales pitch. But it surely’s one which Uniswap has gone with.

Trades that was once free on the platform at the moment are getting hit with a 0.15% charge, and a few people are p*ssed!

Here is what you’ll want to know:

First, Uniswap is just taking a charge on the next tokens: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD.

(So in case you’re buying and selling one thing else, you’ll be able to relaxation straightforward).

Second, the charge solely applies in case you use the Uniswap interface – the product constructed by Uniswap Labs on prime of the Uniswap protocol.

Which is form of like listening to Podcasts on the Apple Podcast app vs. YouTube.

For those who hear on YouTube, you are going to should take heed to automated advert placements. For those who hear on the Apple Podcast app, it will be advert free.

(Similar finish product, totally different interface/expertise).

That is all to say: if customers wish to keep away from these new charges, they will, by utilizing a special interface.

As to why people are p*ssed? That is easy!

Nobody likes paying for one thing they’re used to getting at no cost.

The excellent news is: from the seems to be of issues, the transition seems to have gone as easily as doable.

In lower than 3 days, Uniswap has generated slightly over $100k, which might have racked up an estimated $22 million in income YTD.

Not too shabby!



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Tags: PssedTradersUniswap
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