Decentralized exchange Uniswap Labs has announced the implementation of a 0.15% swap fee on specific tokens in its web app and wallet. The fee will be charged for trades involving ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, and XSGD. Uniswap aims to generate an estimated $1 million per day in fees with this move. The introduction of the fee has sparked mixed reactions from users, with some expressing concern about centralization and the lack of value provided by Uniswap's governance token, UNI.
$UNI plummeted 6.2% in the past 24 hrs following the announcement to impose a 0.15% swap fee involving ETH, USDC, and other tokens on #Uniswap. According to @haydenzadams, the interface fee allows the team "to research, develop, build, ship, improve, and expand crypto and DeFi.” https://t.co/nwRo86jUNk
SPECS DAILY ⌐◪-◪ Uniswap Collects A New Toll 🦄🚫👾 ⭐️ Top News • Uniswap adds 0.15% front-end fee for certain token swaps • Binance halts USD withdrawals, people worried of insolvency • Roblox integrates XRP payments, metaverse here we come! ⛓️ Crypto & DeFi •… https://t.co/vTnap1Jwgp https://t.co/xXM5dXyEPq
Uniswap Labs Introduces 0.15% Fee on Specific Crypto Trades https://t.co/Vq377S6QKf
Dude you're literally trying to swap 3.1 billion OliveGardenLmaoNimbus3000 tokens for 0.48 USDC. I think you have deeper issues to worry about than a 0.15% tax on the Uniswap UI. Get help.
Confused why several Uniswap competitors claim to have no fees when they do
Opinion: Analysis of Uniswap Labs charging Swap Fee and what will be done in the future By @tmel0211 - Learn the MetaMask model and obtain profits to subsidize the cost of operations - Fees are just the beginning of centralization, the next step may be KYC - No empowerment for… https://t.co/8nmhUWI4oa https://t.co/svyYuZCQBY
So many dumb takes on the uniswap wallet fee i really cant take it anymore And you all blatantly ignore that the uniswap frontend and wallet drive maybe 1% of the total volume to the uniswap protocol, most of it is through aggregators
Uniswap plans to start implementing a 0.15% fee for certain crypto trades on its web app and wallet from October 17, generating an estimated $1M per day in fees (@mmanoylov / The Block) https://t.co/3cy3V80eP7 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/UfQ0PWUWpp
Folks complaining about the Uniswap front end charging a swap fee forget that they can still use the protocol without using the front end. That’s a key property of crypto folks. Fwiw the convenience factor comes at a premium and surprised it took Uniswap this long to implement it… https://t.co/q7uieZuV95
ICYMI: Uniswap to charge 0.15% to swap certain tokens on web interface and wallet https://t.co/MK6Q4Ct8ll
As a next step, starting tomorrow Uniswap will charge a 0.15% swap fee – the first in Uniswap history – on certain tokens in our web app and wallet, including ETH、USDC、WETH、USDT、DAI、WBTC、agEUR、GUSD、LUSD、EUROC、XSGD. https://t.co/ZJdPefcGx3 https://t.co/Ny8paIS6F2 https://t.co/lxkbWKHuMP
Can't imagine that this is bad for UNI. If all the fees captured by Metamask so far could be captured by Uniswap Labs, that has to be positive for Uniswap's development. It just incentivizes users to move away from the frontend, and most informed users should have already.
Uniswap introduces a 0.15% fee to use their front end UX that goes directly into their pockets — absolutely neglecting all the holders of their useless “governance token” UNI that *still* hasn’t turned on a fee switch to provide one scrap of value to those tricked into buying it. https://t.co/hKbCXuggT3
Uniswap Labs is adding a .15% swap fee on certain tokens in its web app and interface. This is different than the Uniswap protocol switch fee. Some people are mad about this and I'm not clear why. Would love to hear good faith critics, why are you mad? My takes so far:… https://t.co/3mf4Cj6dOU
Uniswap Labs is adding a .15% swap fee on certain tokens in its web app and interface. This is different than the Uniswap protocol switch fee. Some people are mad about this and I'm not clear why. Would love to hear good faith critiques, why are you mad? My takes so far:… https://t.co/FrlLbVWRYI
BREAKING Leading decentralized exchange @Uniswap will levy a 0.15% swap fee on trades using its frontend and wallet. Affected tokens are ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD https://t.co/DvjHDPy5or https://t.co/3c0IQjWepM
Uniswap charging 0.15% is good It's time crypto replaced VC subsidies with actual revenues Until that happens we're a joke
So let me get this right… Uniswap launches UNI and in original launch post hypes a fee switch that gets people excited. Uniswap VCs (tied closely to Labs) continue to make sure fee switch doesn’t happen. Uniswap Labs enables fee for themselves??? 😂😂😂
Uniswap to charge 0.15% to swap certain tokens on web interface and wallet https://t.co/lbEn6q4Un3
The fee switch on @Uniswap will be turned on once 1. Regulatory clarity in the US is established 2. Uniswap matures as a business No point until then. I dunno why everyone is begging for it
Got an Android? 🙋♀️ Sign up for the Uniswap on Android beta ⤵️ https://t.co/9OHhpSqbez https://t.co/y5GgUecSwY
Uniswap $UNI launches #Android wallet beta for GooglePlay The newly unveiled wallet comes with a set of features like split-second swaps, easy discovery of new tokens, and transparent pricing. #Crypto #BTC #Web3 #Uniswap https://t.co/yj5zTbml7O
Uniswap advances its platform accessibility by launching a beta version of its Android app, enabling users to navigate various blockchain networks https://t.co/HujIthRHcs
Uniswap released its Android crypto wallet in beta Thursday, a few months after the iOS debut. https://t.co/uyg0nUwEht
Uniswap Launches Mobile Ethereum Wallet on Android ► https://t.co/htLw5cBWaO https://t.co/htLw5cBWaO
Uniswap launches beta Android app with automatic network switching, transfer-fee displays. https://t.co/YpOc1fJ5DB
TODAY: Uniswap launched its Uniswap Wallet on Android.
“WEN ANDROID?” How about now? 🔥🔥🔥 🫳 🎤 The Uniswap wallet is coming to Android users 🌐 The beta is LIVE — sign up here to get early access ✅ https://t.co/9OHhpSqbez https://t.co/vXsn2NS5Sx
Crypto VC Funding Is Way Down—But How Bad Is It? ► https://t.co/UX91gdiL0i https://t.co/UX91gdiL0i