Uniswap

Coin

<ul class="news-points"> 
 <li>Uniswap Labs, the entity that owns the Uniswap platform, introduced fees on specific token pairs.</li> 
 <li>Haseeb Qureshi hates the decision and criticizes Uniswap Labs for profiting without sharing with token holders.</li> 
 <li>The decision is expected to generate annualized revenues of approximately $30 million.</li> 
</ul> 
Uniswap, a prominent decentralized exchange protocol, recently found itself at the center of a heated <a href="https://youtu.be/IgvwyXfJ4-c" target="_blank" rel="nofollow">debate</a> among crypto analysts. The controversy revolves around Uniswap Labs, the entity responsible for maintaining the front end of the Uniswap platform, introducing <a href="https://coinedition.com/uniswap-implements-new-fees-charges-0-15-on-specific-tokens/">fees</a> on trading certain token pairs. 
Uniswap, an on-chain protocol, is governed by its UNI token holders. However, UNI token holders have not voted to implement fees within the protocol itself, meaning that users have not been charged fees for trading on the platform. However, Uniswap Labs, a separate entity that owns the Uniswap front end and website, decided to charge a 15 basis point fee on specific token pairs. 
Haseeb Qureshi, managing partner at Dragonfly, had a strongly negative reaction to the decision expressing his discontent with a straightforward statement: “I ****ing hate this.” 
Qureshi …
The post <a rel="nofollow" href="https://coinedition.com/uniswap-labs-introduces-new-fees-i-ing-hate-this-says-crypto-analyst/">Uniswap Labs Introduces New Fees — “I ****ing Hate This,” Says Crypto Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Uniswap Labs Introduces New Fees — “I ****ing Hate This,” Says Crypto Analyst

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