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Topic: Is UniSwap the most powerful in the Defi market? - page 4. (Read 1652 times)

full member
Activity: 812
Merit: 100
Uniswap is the most powerful platform true, it is because people can using it across the blockchains.
For example you can buy btc with your eth without using centralized exchange like okex for instance.
This is why uniswap is getting interested of people in cryptocurrency.
full member
Activity: 941
Merit: 100
the value of the UNI token rewards.


By the way how do rewards work and when are they issued?
You will be rewarded UNI token if you trade and provide liquidity to the liquidity pool. I think you will be rewarded every week and you can claim it whenever you wanted.
will it really happen for a long time? I think it's just an airdrop for every trader using UNI in a certain period. what happened some time ago made a trade on uniswap increase rapidly.
I saw that the liquidity on Uniswap will indeed get UNI tokens but it will be exchanged again when you cancel your liquidity.
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
the value of the UNI token rewards.


By the way how do rewards work and when are they issued?
You will be rewarded UNI token if you trade and provide liquidity to the liquidity pool. I think you will be rewarded every week and you can claim it whenever you wanted.
member
Activity: 355
Merit: 45
the value of the UNI token rewards.


By the way how do rewards work and when are they issued?
full member
Activity: 966
Merit: 102
UNISWAP is a DEFI with the highest locked liquidity pool in the market because of the reputation of the project and the value of the UNI token rewards.
Many other DEFI projects have high rewards and greater returns, but they do not last long because of the high returns, the risk of fraud, and the opacity of the project.
People choose UNISWAP because it is safe and sustainable. If there is another project better than UNISWAP, they will withdraw their money to carry it to that project.
full member
Activity: 335
Merit: 101

Nice trolling from CZ. He is vampire. I think his avatar symbolizes vampirism towards Uniswap. It will be interesting to watch this confrontation. I think that many yield farmers can migrate from Ethereum to Binance smartchain and sidechains. I think this will help unload the network.
sr. member
Activity: 406
Merit: 252
kittiefight.io Combat MMO Lending Jackpots
The popularity of uniswap is very good today, it directly affects its market power. based on data from https://defipulse.com/, currently, uniswap dominates the DeFi market by 23.82%. Uniswap is also unique in providing various facilities that really provide a decentralized experience in its protocol. there are only gas costs on the ETH network and no platform or intermediary fees whatsoever. That is what makes Uniswap one of the most attractive choices today.

From the web traffic analysis, it shows quite extraordinary results, uniswap has increased significantly, where many cexs have decreased traffic in Sept

Uniswap is really very good
it has real decentralization and, unlike other decentralized exchanges
 has excellent trading volumes that can be compared to large exchanges
this is the secret of the growing popularity of this exchange
it has only one big drawback -
the huge commissions for conducting trading operations due to the increased congestion of the etherium network.
sr. member
Activity: 1183
Merit: 251
UNISWAP is a real defi project and indeed there are so many people who use it so that their tokens are also in high demand, Defi is now just hype and maybe soon the volume of UNI will decrease when the hype is over, but for uni itself it will continue to survive
I hope the Uniswap exchange project will last a long time and do not cause any more disasters because usually the most terrible exchanges are when they get hacked because there will definitely be a lot of losses due to losing their assets.
Unless there is serious bug in the smart contract I think they gonna be fine, uniswap is not the usual centralized exchange where the money got stored in one place you know and not to mention that it is decentralized exchange which means significantly or near impossible harder to stole from due to its nature. You better off worrying about how to flip your asset than uniswap being hacked.
sr. member
Activity: 1188
Merit: 251
for now maybe yes.
Because Uniswap also has their own decentralized exchange platform, their coins will be used continuously, maybe in the future there will be an event for their coins related to the Uniswap market.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
I don't think UNISWAP is the most powerful coin in the Defi market because UNI only became popular due to its airdrop that many people have experienced good profit from it and continues to buy it. But I think Chainlink and YFI is a more powerful coin than Uniswap because many investors find it more promising to invest your money.
its totally wrong if uniswap become popular after its airdrop. before this airdrop every trader know uniswap was good defi platfrom in cryptocurrency market and even its daily volume could beat coinbase. if compared with chainlink or yfi , personally uniswap wil have better future. as defi platform and decentralized exchanges, day by day its user growth massively and its feature developted too.
full member
Activity: 756
Merit: 103
I don't think UNISWAP is the most powerful coin in the Defi market because UNI only became popular due to its airdrop that many people have experienced good profit from it and continues to buy it. But I think Chainlink and YFI is a more powerful coin than Uniswap because many investors find it more promising to invest your money.
It is worth agreeing with this opinion. UNISWAP is not a very active project in terms of development. And of course - he's not the best. If not for this generous airdrop, then most people would not know anything about its existence. Moreover, their twitter and other social networks are constantly silent.
Thus, users cannot be sure that everything is fine with this project.
member
Activity: 1120
Merit: 68
I don't think UNISWAP is the most powerful coin in the Defi market because UNI only became popular due to its airdrop that many people have experienced good profit from it and continues to buy it. But I think Chainlink and YFI is a more powerful coin than Uniswap because many investors find it more promising to invest your money.
newbie
Activity: 134
Merit: 0
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full member
Activity: 335
Merit: 101
I think that Binance SmartChain can seriously compete with UniSwap. I think this will be the vampire's second attempt to drain liquidity from Uniswap. I think that if Binance SmartChain kills UniSwap then it will make Binance much stronger.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
UNISWAP is a real defi project and indeed there are so many people who use it so that their tokens are also in high demand, Defi is now just hype and maybe soon the volume of UNI will decrease when the hype is over, but for uni itself it will continue to survive

It is depend on the situation to be able to survive for long term they need to balance thier exchnage do not accept any project that only want to be listed there and sell thier tokens to other users.

If they see that this exchange is  a room for many scam project it will reduce its users and those victim of project that launch there will never use that exchange again because of trust issue.

If they really want to survive for long they need to monitor every tokens that they want to list so scammers cant use thier platform as tools to scam people.
sr. member
Activity: 1484
Merit: 276
I personally used UniSwap before and the experience is I can say good and easy. UniSwap is currently at number 1 spot of dex exchanges right now as per
CMC (https://coinmarketcap.com/rankings/exchanges/dex/). UniSwap gained attention big time when they did their airdrop last September which payed out big for who have joined it. I think part of UniSwap being at top is the hype from it but I think that UniSwap can maintain  their position if they will continue to develop their exchange. Plus their token having a success surely UniSwap still got a long road to go and more things to prove.
member
Activity: 728
Merit: 19
KUWA.ai
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?

There is 2billion money locked up in that platform isn't that enough to say Uniswap is the number one in the DeFi market? No one expected it will be that much popular and their token UNI also got massive success and already listed on the top exchange even in coinbase. I think UNI will be one of the TOP defi projects among all for now. But Who knows the future! Maybe we will saw any platform powerful than uniswap.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
The uniswap exchange itself is very powerful. Due to the fact that there was a free distribution of tokens, we are observing some correction, but but this exchange is advanced and I am going to buy back a little at key levels.
indeed at this time it is very strong and many people are using the uniswap exchange to make profits by taking advantage of the price differences that are on the exchange, but you must know that the transaction fees that are on this exchange are very high so you have to have a lot of capital and have to know the time right to buy and sell at this exchange.
tyz
legendary
Activity: 3360
Merit: 1533
The popularity of uniswap is very good today, it directly affects its market power. based on data from https://defipulse.com/, currently, uniswap dominates the DeFi market by 23.82%. Uniswap is also unique in providing various facilities that really provide a decentralized experience in its protocol. there are only gas costs on the ETH network and no platform or intermediary fees whatsoever. That is what makes Uniswap one of the most attractive choices today.

From the web traffic analysis, it shows quite extraordinary results, uniswap has increased significantly, where many cexs have decreased traffic in Sept
-snip-

I would not rely on web traffic analysis. They are easy manipulable. The statistics for Uniswap may well be correct because it has gained enormous attention through the Airdrop. But the fact that only Yobit (a scam exchange in my opinion) is supposed to have increased its visitor numbers is strange, because especially in September crypto has experienced an upswing and yet all other exchanges are supposed to have had double-digit visitor losses?
sr. member
Activity: 1190
Merit: 256
Yes, Uniswap is currently has the most powerful and probably the biggest market for decentralized protocols and tokens. They were the first to introduce the first mover advantage and as such, they would remain at the top for a long time. DeFi is just getting started too. Last month, Uniswap surpassed coinbase trading volume. That is a huge achievement especially for a decentralized exchange.
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