DEX trading volumes fall by a quarter in October
DEX turnover in October amounted to $19.35 billion, down 26% from the record September ($25.8 billion). Compared with August, the figure was up 66%.Uniswap is a popular decentralized exchange that first implemented the automated market maker mechanism. The governance token of Uniswap is UNI.
DEX trading volumes fall by a quarter in October
DEX turnover in October amounted to $19.35 billion, down 26% from the record September ($25.8 billion). Compared with August, the figure was up 66%.
Uniswap community again fails to reach quorum in second governance vote in the platform’s history
The second-ever Uniswap community vote did not gather a sufficient number of votes. The question was about conducting a new airdrop of 5 million UNI tokens.
Dharma proposes a 5-million UNI Uniswap airdrop
The proposal to distribute 5 million UNI tokens among users who interacted with Uniswap via third-party platforms is gaining popularity.
Uniswap community fails to reach quorum in first-ever platform vote
The first-ever Uniswap vote on lowering the minimum threshold for submitting governance proposals did not gather enough votes.
Uniswap community flags centralisation risks in new governance scheme
Representatives of the crypto-lending platform Dharma have brought to a vote a proposal to lower the minimum threshold for submitting governance proposals for the Uniswap protocol. Critics say that approval would empower large token holders of this decentralised exchange, Cointelegraph reports.
WLEO token plunges to near zero after hack enables unlimited minting
On October 11, attackers targeted the Wrapped LEO (WLEO) contract and drained $42,000 in crypto assets from the Uniswap pool. The vulnerability they discovered allowed them to mint WLEO tokens that could be exchanged for ETH. Details of the incident are described in the Leo Finance decentralized protocol blog.
Value locked in DeFi protocols tops $11 billion
The total value of assets locked in DeFi protocols has surpassed $11 billion. According to DeFi Pulse, the most popular asset remains Uniswap.
Hackers used Uniswap to launder $150m siphoned from KuCoin
Hackers who breached the KuCoin exchange are using the decentralized exchange Uniswap to convert altcoins into Ethereum.
Just Add a Token: How Uniswap Became the First DEX to Beat Coinbase
The DeFi fever has become a landmark moment for decentralized exchanges. One of the first DEXs to use smart contracts was Uniswap, implementing the automated market maker (AMM) technology. The platform was created with support from the Ethereum Foundation and Vitalik Buterin.
Glassnode analysts doubt Uniswap’s decentralisation
The Uniswap governance tokens are not locked in a smart contract and reside on ordinary Ethereum addresses. This is the conclusion reached by analysts at Glassnode. In their view, this raises questions about the degree of decentralisation of the leading non-custodial exchange.We use cookies to improve the quality of our service.
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