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Topic: Is UniSwap the most powerful in the Defi market? - page 2. (Read 1652 times)

full member
Activity: 854
Merit: 115
UniSwap is still the biggest DeFi market until now, I see many projects using Ethereum launched Defi everyday. Even so, I prefer to use BSCswap or PancakeSwap which use Binance Smart Chain as their blockchain, they have a lower cost.
sr. member
Activity: 406
Merit: 252
kittiefight.io Combat MMO Lending Jackpots
these trading fees are not set by the exchange itself

Why are they so different? Sometimes it is 1.5$ and sometimes it is 8?  Why is ethereum network not handling the payment channels and the load in 2020?

fees depend primarily on the congestion of the network
 the more transactions are sent at the moment
 the more expensive the price of gas
the price also depends on smart contracts
 if they are used (for example, you connect your wallet to the exchange or stake any tokens)
member
Activity: 355
Merit: 45
these trading fees are not set by the exchange itself

Why are they so different? Sometimes it is 1.5$ and sometimes it is 8?  Why is ethereum network not handling the payment channels and the load in 2020?
sr. member
Activity: 406
Merit: 252
kittiefight.io Combat MMO Lending Jackpots
yes for now Uniswap is the most popular DEX exchange for Defi, because many projects using Ethreum launched Defi,
this indicates that DEX can also become hype like Defi, just a matter of time,
but what I really regret is the very high trading fees at Uniswap.

these trading fees are not set by the exchange itself
fees depend on the cost of gas on the Ethereum network
in addition, some coins use complex smart contracts
 due to which the final transaction fee can be very high
member
Activity: 355
Merit: 45
The trend and all the Hype is big factors, but we also need to admit that the uniswap team were very good at marketing, they can launch decent platform with the right time and great promotions. there will be more to come for this defi hype, so let's see

What were their marketing activities?
hero member
Activity: 966
Merit: 500
The trend and all the Hype is big factors, but we also need to admit that the uniswap team were very good at marketing, they can launch decent platform with the right time and great promotions. there will be more to come for this defi hype, so let's see
sr. member
Activity: 1288
Merit: 305
yes
I can't describe Uniswap as powerful because the exchange get to where it is today because of DeFi success, it's too early to start praising the exchange now and remember that once upon a time binance was no where to be found, it was bitfinex and others at the time and binance beat them all now, I hope uniswap will become better once DeFi hype fades away

I wouldn't have known there is anything like Uniswap if not for the Defi hypes, the OP asked a valid question as far as Uniswap revolves around only Defi coins and some selected Stabled coins. It remains the greatest exchange for Defi there is no counter observation to this fact.
member
Activity: 784
Merit: 21
I can't describe Uniswap as powerful because the exchange get to where it is today because of DeFi success, it's too early to start praising the exchange now and remember that once upon a time binance was no where to be found, it was bitfinex and others at the time and binance beat them all now, I hope uniswap will become better once DeFi hype fades away
full member
Activity: 1946
Merit: 112
It’s just 10 days back that DeFi protocol Uniswap launched their Uni token and now Uniswap becomes the first DeFi protocol to cross $2 Billion.

Read more: https://www.worldcoinindex.com/news/defi-protocol-uniswap-crosses-2-billion-in-total-value-locked

Will Uniswap remain it's top position or is this just a hype?

From the moment the Uniswap platform was successful, many decided to repeat it and began to launch their similar platforms for the liquidity pool. It is also worth noting here that all copies use the name of the Uniswap platform and call myself the best continuation of this successful platform. Even based on this, we can say that Uniswap is the best platform for DeFi and at the moment it has no competitors who could show such or even better results as quickly.
member
Activity: 355
Merit: 45
yes for now Uniswap is the most popular DEX exchange for Defi, because many projects using Ethreum launched Defi,
this indicates that DEX can also become hype like Defi, just a matter of time,
but what I really regret is the very high trading fees at Uniswap.

but projects have already been created that combine all these DeFi and find the best optimum option. Isn't this a real threat?
full member
Activity: 1568
Merit: 100
COMBONetwork
yes for now Uniswap is the most popular DEX exchange for Defi, because many projects using Ethreum launched Defi,
this indicates that DEX can also become hype like Defi, just a matter of time,
but what I really regret is the very high trading fees at Uniswap.
sr. member
Activity: 1876
Merit: 318
For now Uniswap is indeed the powerful in the DeFi market, but it is too early to say that Uniswap will continue to be the powerful.
We still have to wait and pay attention to Uniswap for the next year, if it still survives and its popularity continues to increase. I just
really believed that Uniswap the most powerful in the DeFi market. But seeing that Uniswap is currently very active in the market,
the possibility is that it is true that Uniswap is the strongest.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
It’s just 10 days back that DeFi protocol Uniswap launched their Uni token and now Uniswap becomes the first DeFi protocol to cross $2 Billion.

Read more: https://www.worldcoinindex.com/news/defi-protocol-uniswap-crosses-2-billion-in-total-value-locked

Will Uniswap remain it's top position or is this just a hype?
Recently Uniswap has been in the top financial publications as well so it is getting huge spotlight and i think it is ready for even more market dominance, i am talking in trading and exchange sense because it is sucking huge volume from top exchanges so competition is growing while if you talk about defi uniswap is already a leader.
sr. member
Activity: 406
Merit: 252
kittiefight.io Combat MMO Lending Jackpots
There are lots of swapping platforms like uniswap and more is upcoming, No one can say uniswap is the most powerful for the DeFi, for now I can say it's just hyped. There are also other swapping like platforms, And I think a platforms position in the market is completely depends on  how big hype they can create.

the popularity of Uniswap is quite simple
it became the first decentralized exchange to offer the ability to make exchanges in such an easy and fast way


Either you have no knowledge or you lie

please name me at least one decentralized exchange that would give you the opportunity to become a liquidity provider and earn on commissions from swaps
personally, I do not know of any such exchange that appeared before

but what does this have to do with my quote? You wrote something that is a lie There was no question of liquidity provider option  , lol

you intervened in someone else's conversation and then tell me that I misunderstood you?
next time, read carefully what the discussion is about and then you will not have to accuse other people of lying
I have said and will continue to say that Uniswap is the first decentralized exchange with this way of organizing trading
it became popular, among other things, thanks to such a organization trade.
member
Activity: 355
Merit: 45
Uni is hyped because it started to be a good way of listing for the new projects. But this platform resulted with increase in scams. So i can not say it is not powerful but i am not sure that uniswap is a benefitical thing for the ecosystem.

That is bad. I can already see how more and more shit has artificially increased fluidity and more and more suckers are driving another coin worth nothing.
full member
Activity: 365
Merit: 101
Thats it, even decentralized platform could become point of centralization on the market
sr. member
Activity: 1162
Merit: 253
I think that all this hype about defis is gonna pass in some time. Uniswap has a great user interface and I'm sure it is gonna keep its popularity even when defis fever will pass)
Hopefully it won't happen like you said because if that happens it will make a lot of people lose, because now I see a lot of trading on uniswap hopefully an exchange like uniswap can last a long time and become famous because many are using it like the Binance exchange.
sr. member
Activity: 910
Merit: 255
Uni is hyped because it started to be a good way of listing for the new projects. But this platform resulted with increase in scams. So i can not say it is not powerful but i am not sure that uniswap is a benefitical thing for the ecosystem.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
uniswap is the top DEX platform in the current Defi market, we can see how the development of Uniswap DEX until now, has had a big influence on several bounty projects especially related to DEFI projects in this industry. I saw that there are many new projects as well as old projects starting to register their coins on the uniswap platform.
if we will base on what is the performance now then yeah UNIswap is the  most figurative and performing Defi coins now.
things that i have been reading constantly in some groups that i belong in social media.
also the other 2 best performing is Polkadot and ChainLINK  that performing best in terms of ranking,taking the number 7 & 8 position is not that Easy for new projects such those.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
uniswap is the top DEX platform in the current Defi market, we can see how the development of Uniswap DEX until now, has had a big influence on several bounty projects especially related to DEFI projects in this industry. I saw that there are many new projects as well as old projects starting to register their coins on the uniswap platform.
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