Fun

News Feed - 2023-10-17 06:10:00

Zhiyuan Sun2 hours agoUniswap to charge 0.15% swap fees beginning Oct. 17Fees will not be collected on inter-stablecoin trades, nor on wrapping Ether.1166 Total views7 Total sharesListen to article 0:00NewsJoin us on social networksDecentralized exchange Uniswap will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on Oct. 17.


According to a post by Uniswap founder Hayden Adams, the affected tokens are Ether (ETH), USD Coin (USDC), Wrapped Ether (wETH), Tether (USDT), Dai (DAI), Wrapped Bitcoin (WBTC), Angle Protocol’s agEUR, Gemini Dollar (GUSD), Liquidity USD (LUSD), Euro Coin (EUROC) and StraitsX Singapore Dollar (XSGD). Shortly after publication, a spokesperson for Uniswap reached out to Cointelegraph, stating that “both the input and output token need to be on the list for the fee to apply.”


The interface fees will be deducted from the output token amount. In addition, fees will not be collected on swaps between Ether and Wrapped Ether trading pairs, nor on inter-stablecoin swaps.I work in crypto because of the immense positive impact I believe it can have on the world, removing gatekeepers and increasing access to value and ownership.

I’m proud of the ways @Uniswap Labs has contributed to that effort and want to make sure we’re creating sustainable…— hayden.eth (@haydenzadams) October 16, 2023


“This interface fee is one of the lowest in the industry, and it will allow us to continue to research, develop, build, ship, improve, and expand crypto and DeFi,” Adams wrote, pointing to new developments in the Uniswap ecosystem such as “an iOS wallet, Android wallet, UniswapX, major improvements to our web app, Permit2, Uniswap v4 draft codebase, and more.” 


Uniswap is one of the most popular decentralized exchanges in the industry. Based on data from DefiLlama, the DEX currently has $3 billion in total value locked, generating upward of $271 million in annualized protocol fee revenue. It has $12 million in its treasury and has raised $176 million from investors since its inception in 2018.


Cointelegraph previously reported on Sept. 27 that Uniswap Foundation, the DEX’s developer, is targeting $62 million in additional funding for building infrastructure and ecosystem grants. On Oct. 15, a new hook available on an open-source directory for Uniswap v4 generated controversy for its ability to require Know Your Customer verification before trading in the DEX’s liquidity pools.


Update (Oct. 16, 9:32 pm UTC): This article has been updated to include a statement from a Uniswap spokesperson. 


Magazine: Singer Vérité’s fan-first approach to Web3, music NFTs and community building# Blockchain# Cryptocurrencies# DeFi# UniswapAdd reactionAdd reactionRead moreHow to actually spend your Bitcoin, ExplainedNFTs aren’t dead — they’re just restingHow to build a DApp on Ethereum

News Feed

Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data
Japanese Court Upheld Former Mt Gox CEO"s Conviction for Manipulating DataA Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO&r
BTC price dips 4.5% as US gov’t Bitcoin move raises new sell-off fears
William Suberg6 hours agoBTC price dips 4.5% as US gov’t Bitcoin move raises new sell-off fearsBitcoin falls below $67,000 in an abrupt change of trend after initially hitting $70,000 for the first time in nearly two m
Zhiyuan Sun8 hours agoImmutable delays $67M token vesting by another year125 million IMX tokens allocated for developer rewards will be vested monthly starting July 2024.825 Total views8 Total sharesListen to article 0:0
Toncoin Consolidates: Could A Breakout Push TON Higher?
Este artículo también está disponible en español. Toncoin has entered a period of consolidation, with its price moving within a narrow range of $6.2 and $6.5 as the marke
ARTIC Brings the Decentralized Approach to Art Galleries and Exhibitions via Its Meta-Exhibitions
ARTIC Brings the Decentralized Approach to Art Galleries and Exhibitions via Its Meta-Exhibitions press release PRESS RELEASE.The ARTIC team is made up of highly skilled IT engineer
Martin Young18 hours agoNifty News: Coca-Cola gets Based, Reddit avatars reach 20M milestone and moreCoca-Cola has chosen the newly-launched Coinbase layer-2 network Base to deploy its Masterpiece NFT collection.3539 Tot
India’s Crypto Trading Volume Soars Amid Economic Crisis
India"s Crypto Trading Volume Soars Amid Economic CrisisDespite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. &
Billionaire David Rubenstein on Why He Changed His Mind About Crypto — Says ‘I Was Skeptical in the Beginning’
Billionaire David Rubenstein on Why He Changed His Mind About Crypto — Says "I Was Skeptical in the Beginning" David Rubenstein, the founder of Carlyle Group, one of the largest
Binance.US says it’s ‘radioactive’ to banks, SEC dealt ‘near-mortal blow’
Jesse Coghlan3 hours agoBinance.US says it’s ‘radioactive’ to banks, SEC dealt ‘near-mortal blow’A deposition from Binance.US’ chief operating officer claims the SEC’s suit last year caused banks to pull su
Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details
Este artículo también está disponible en español. According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the
Savannah Fortis5 hours agoNothing to see here: OpenSea denies exec involved in $60M rug pull: Nifty NewsletterBoth NFT Ethics and blockchain analytics account Lookonchain allege that the OpenSea exec played a key role in
Brian Quarmby5 hours agoMark Cuban loses $870K in hot wallet hackMark Cuban confirmed that he was hacked but doesn’t know precisely how.3537 Total views25 Total sharesListen to article 0:00NewsJoin us on social network