This time, let’s skip the market talk and cover the basics.
How does an AMM set prices?
To be precise, Uniswap V2 charges a 0.3% fee on every trade. In the past, it all went to LPs; after governance enabled the protocol fee, the protocol takes 0.05% from V2 pools on Ethereum mainnet, and LPs get 0.25%.
For tokens with very low liquidity, check the displayed slippage before making a large one-off buy or sell. If necessary, split it into several trades.
$UNI is the governance token of Uniswap, the protocol that popularized AMMs.
Every kind of return comes with its own risks. First, consider how much you could lose in the worst case.
#UNI
This is not investment advice. Don’t follow along.
How does an AMM set prices?
To be precise, Uniswap V2 charges a 0.3% fee on every trade. In the past, it all went to LPs; after governance enabled the protocol fee, the protocol takes 0.05% from V2 pools on Ethereum mainnet, and LPs get 0.25%.
For tokens with very low liquidity, check the displayed slippage before making a large one-off buy or sell. If necessary, split it into several trades.
$UNI is the governance token of Uniswap, the protocol that popularized AMMs.
Every kind of return comes with its own risks. First, consider how much you could lose in the worst case.
#UNI
This is not investment advice. Don’t follow along.