Has Uniswap shattered the basics of DeFi with this update?
The post Has Uniswap shattered the basics of DeFi with this update? appeared on BitcoinEthereumNews.com. Uniswap introduced a permission off-chain option to its purported permissionless wallet. While active addresses decreased, android users are eagerly waiting to integrate the wallet. One reason Uniswap [UNI] has been able to amass a lot of users is that the protocol allows connection to the exchange with a personalized blockchain wallet under the full control of the users. Realistic or not, here’s UNI’s market cap in BTC terms However, there might have been a change to the terms and conditions which seems to undermine the fundamentals of Decentralized Finance (DeFi) which Uniswap claims to hold in high esteem. Is Uniswap moving toward centralization? On 14 October, the protocol came under intense criticism from yourfriendSOMML, a crypto insight provider on X (formerly Twitter). According to yourfriendSOMML, Uniswap has now introduced a Know-Your-Customer (KYC) option on its v4 and was also going off the permissionless feature it offers on Uniswap X. ❤
The post Has Uniswap shattered the basics of DeFi with this update? appeared on BitcoinEthereumNews.com.
Uniswap introduced a permission off-chain option to its purported permissionless wallet. While active addresses decreased, android users are eagerly waiting to integrate the wallet. One reason Uniswap [UNI] has been able to amass a lot of users is that the protocol allows connection to the exchange with a personalized blockchain wallet under the full control of the users. Realistic or not, here’s UNI’s market cap in BTC terms However, there might have been a change to the terms and conditions which seems to undermine the fundamentals of Decentralized Finance (DeFi) which Uniswap claims to hold in high esteem. Is Uniswap moving toward centralization? On 14 October, the protocol came under intense criticism from yourfriendSOMML, a crypto insight provider on X (formerly Twitter). According to yourfriendSOMML, Uniswap has now introduced a Know-Your-Customer (KYC) option on its v4 and was also going off the permissionless feature it offers on Uniswap X. ❤
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