The total value locked in Uniswap smart contracts is nearly $1.6 billion now!

[Nab 263]

Uniswap is one of the Defi platforms the has had more growth in recent months obtaining millions of dollars in liquidity and many investors were benefited by the tokens that gave the the platform, no doubt that we will see in the future several options in Defi platforms as it is a market that is growing a lot.

[tienda 8776]

Dear friend @Whited35 Please can you explain me, why Uniswap use gas fees for their transaction? is this Uniswap project created by the same Ethereum owner? I think using Gas fees on Uniswap to transfer UNI tokens is more expensive, a gas cost it is about $15 -$ 20 for each transaction ...

Edited November 10, 2020 by tienda

[Whited35 15285]

1 hour ago, tienda said:

Dear friend @Whited35 Please can you explain me, why Uniswap use gas fees for their transaction? is this Uniswap project created by the same Ethereum owner? I think using Gas fees on Uniswap to transfer UNI tokens is more expensive, a gas cost it is about $15 -$ 20 for each transaction ...

Hi @tienda, thanks for your questions. Uniswap is open source swapping protocol. Once devs have made it, they left it in the Ethereum blockchain network so it is operated within the blockchain technology without middlemen. Transaction costs depend on difficulties on the Ethereum blockchain networks, you can not accuse just to Uniswap regarding the higher gas fees. 

[Whited35 15285]

On 11/26/2020 at 5:20 PM, Durjay001 said:

Uniswap is one of the Defi platforms the has had more growth in recent months obtaining millions of dollars in liquidity and many investors were benefited by the tokens that gave the the platform, I think using Gas fees on Uniswap to transfer UNI tokens is more expensive, a gas cost it is about $15 -$ 20 for each transaction ... no doubt that we will see in the future several options in Defi platforms as it is a market that is growing a lot

And are you relating high gas fee with Uniswap platform ? It is not the problem from Uniswap's end, it is related with Ethereum blockchain network and fee will be lower if the network is less congested. Keep your eye on ethereum gas fee tracker. 

[Mfe 109]

Wow this is amazing and we will all be looking forward to get this great values when they are been released. We ought to be doing well with time.

[huesca123 946]

Good explanation you have given about Uni Swap & its value. You wrote this about 5 months ago, I wonder what now the value is ?¿?¿ Especially after BTC´s huge bull run in the last few weeks. Its defenatly a trading opportunity to buy some of these coins & hold them. 

[Whited35 15285]

On 1/7/2021 at 9:15 PM, auderywilliamx2 said:

I think that's just the beginning. If the Etherium network had maintained their fees, more people would have joined. I personally didn’t use it because of the fee and I regret it. Also the UNI token is doing really great and it has reached around 10 10 after being published through Anispap.

High network fee is common problem due to difficulties created by the congested Ethereum blockchain network. Unfortunately, the case is still the same here and it will be solved once ETH 2.0 gets full upgrade from PoW to PoS. 

On 1/9/2021 at 10:50 PM, huesca123 said:

You wrote this about 5 months ago, I wonder what now the value is ?

Price is around $8.5 now with the growth of 3.9%. You might check more about it's price and other stats here https://coinmarketcap.com/currencies/uniswap/

[Whited35 15285]

12 hours ago, Bamallson said:

Well for now Uniswap market capitalisation have risen almost by 15% against what was believe to be as of the time of posting this topic. I think Uniswap holds the potential to change the entire DeFi ecosystem.

The beauty of the reputed DEX Uniswap is, it is based on the open-source code and everything is transparent to the public. Yes, it is the most notable influencer in the DeFi space and you might call it as a key player. Marketcap of Uniswap is rapidly increasing as the craze of liquidity mining is at the peak.