Why Are Traders P*ssed at Uniswap?

TL;DR

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

The price solely applies if you happen to use the Uniswap interface – the product constructed by Uniswap Labs on prime of the Uniswap protocol.

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

Full Story

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

That ain’t one of the best gross sales pitch. Nevertheless it’s one which Uniswap has gone with.

Trades that was free on the platform at the moment are getting hit with a 0.15% price, and a few of us are p*ssed!

Here is what you could know:

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

(So if you happen to’re buying and selling one thing else, you may relaxation straightforward).

Second, the price solely applies if you happen to use the Uniswap interface – the product constructed by Uniswap Labs on prime of the Uniswap protocol.

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

If you happen to pay attention on YouTube, you are going to should take heed to automated advert placements. If you happen to pay attention on the Apple Podcast app, it’s going to be advert free.

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

That is all to say: if customers need to keep away from these new charges, they will, through the use of a unique interface.

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

Nobody likes paying for one thing they’re used to getting without cost.

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

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

Not too shabby!