Uniswap platforms yield farming opportunity is going to end on 17 November 2020. Splinterlands is extremely excited to announce that the Dark Energy Crystals (DEC) token now has a Uniswap pool where it can be traded for Ether (ETH) tokens. 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Token Farming Coming to a Close The four liquidity pools farming UNI tokens hold the lion’s share of liquidity on Uniswap. Chainlink hits new highs, but is LINK about to pull another 150% parabolic move? A Uniswap community call attempts to get some answers as UNI mining concludes. He didn’t see any threat from other protocols trying to subsidize their system to get ahead. In order to make money from Uniswap, all you need to do is become a liquidity provider. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Crypto podcaster Matt Aaron asked about internal discussions regarding this date in order to prevent another ‘vampire attack’ such as the SushiSwap incident in which a clone offered large incentives to drain liquidity from Uniswap. Uniswap’s total liquidity has almost halved after the decentralized exchange ended its token rewards program on Monday afternoon. Thank you everyone who attended the @UniswapProtocol community call today! Improved UX. UNI farming continues until November 17th, afterwards it’s more than likely that liquidity farmers move to look for the next best opportunity. Crypto podcaster Matt Aaron asked about internal discussions regarding this date in order to prevent another “vampire attack” such as the SushiSwap incident, in which a clone offered large incentives to drain liquidity from Uniswap. A number of legal issues were discussed at the community call and now it seems Uniswap has the man for the job. “If you look at DEX statistics, Uniswap is leading on unique number of traders and I am willing to bet that that has absolutely nothing to do with the liquidity mining program,”. 0xMaki from SushiSwap, who was also part of the call, said that if you have a subsidy or incentive for liquidity on the platform, someone has to pay for it, and in this case it is UNI token holders. One of the most high profile lawyers in the space, he advised President Obama on Net Neutrality and advised TV show Silicon Valley too. UNI prices have made a slight comeback over the past week, topping $3. 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The world’s largest decentralized exchange, Uniswap, has just conducted its first community call primarily to discuss which direction to take when UNI farming concludes on November 17. We are going to go over how to farm this very early project to help bootstrap its liquidity and reap farming rewards in the form of BAO token. Uniswap farming ends this week, potentially freeing up $1.1B ETH. Uniswap: 0.3% to liquidity providers Sushiswap: 0.25% to liquidity providers Winner: Uniswap. Right now ~$2.3bn funds are deployed farming UNI, with $ETH being the reference token. The chat that accompanied the video call discussed some potential new liquidity pools, but there were no conclusive answers as to what will happen when the four farms containing over $2.4 billion close. But instead of going to Uniswap, the fees will be rewarded to liquidity providers as a reward for providing liquidity. New UNI farming pools would be the natural solution. Around $1.1 billion in ETH will be released ‘into the wild,’ potentially leading to a spike in exchange inflow. Almost half of that liquidity is in Ethereum. How it works ? We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The fear among UNI holders is that token prices may dump in the short term if users withdraw liquidity and sell off previously mined UNI when incentives dry up. Where do you think that ETH will go? Uniswap farming ends in 4 days, potentially freeing up $1.1B in Ether With UNI farms closing on Nov.17, the community has discussed what comes next. Interestingly, in the next few hours, UNI farming on Uniswap Protocol will end with about $1 billion to be released into the market. We also use third-party cookies that help us analyze and understand how you use this website. Farming. $1.1B In ETH Set To Be Freed At The End Of Uniswap Farming In 4 Days. DogDeFi Stage I. ETH and stablecoins in wrapped bitcoins worth $1.1 billion is about to enter DeFi space. UNI prices have made a slight comeback over the past week, topping $3. Uniswap Liquidity Plunges After UNI Rewards End. Uniswap’s UNI Token Slides to $2.00 as Selling Pressure Mounts. According to Uniswap.info, liquidity has reached a record $3.3 billion while volumes are at $260 million per day. ... was done with the primary goal of determining the direction of the protocol after UNI farming ends. The community call was hosted by Uniswap team member ‘Monet Supply’. This marks a significant decline from its recent highs of $8.50 that were set just a couple of months ago. This means that there is currently ~$1.1bn ETH locked up, about to be released into the wild. The broader product idea from BAO Finance is to use Uniswap, Sushiswap, and Balancer LP (liquidity provider) tokens to collateralize synthetic positions. 2-Uniswap vs Sushiswap: Farming tokens. Start : 28.10.2020 | End : 27.10.2021. Thank you everyone who attended the @UniswapProtocol community call today!For those who missed it, here are the video and chat logs of the event:️ https://t.co/cdSg53yGgP https://t.co/uMDWKa2PJ0If anyone is interested in making a transcript, please get in touch! As it stands, around $2.3 billion funds are deployed farming the native token, and with Ethereum being the reference token, it means there is currently $1.1 billion ETH locked. Aaron was concerned about liquidity leaving the protocol and asked how it will incentivize users to remain there once rewards had dried up. We build state of the art open source apps to access the Uniswap protocol and contribute to … A suite of tools for a tokenized world. Although it remains to be seen how much ETH will actually leave, the portion that chooses to stay will get to … Uniswap, The King of DeFi. Over the last few days, DeFi enthusiasts and industry analysts have raised concerns about what will happen then. Uniswap farming ends in 4 days, potentially freeing up $1.1B in Ether On November 13, 2020 by ltcadmin The world’s largest decentralized exchange, Uniswap, has just conducted its first community call primarily to discuss which direction to take when UNI farming concludes on November 17. In the long term, the reduction in new UNI could help prices. This means that there is currently ~$1.1bn ETH locked up, about to be released into the wild. Uniswap UNI Token farming ended Always take in consideration non of this information is financial advice, I'm no expert and this is just my personal opinion on certain project mention on this article, cryptocurrencies are extreme high risk assets and you must do you own research Each vault has a different length of time-lock. Markets. It is not advised to buy and hold, as the issuance of new tokens is guaranteed to make buy & hold a loss - BIG time. uniswap farming ends november 17 what now? Additionally, a user will also need to pay gas since the protocol runs on the Ethereum blockchain. To garner greater overall adoption, platforms need to make it easier for end-users. If the end block is reached, the farm is closed and it will no longer be possible to add funds. In one concrete development to emerge in the past 24 hours, it appears the General Counsel of Protocol Labs Marvin Ammori has joined Uniswap as its chief legal officer. During Q3 2020 alone, the DeFi market ushered in significant growth for many stablecoins compatible with Ethereum (ETH), such as MakerDAO’s Dai. 1/ On 17th Nov, $UNI farming will end. Note: This phase of the project is issuing a LOT of BAO tokens. Uniswap stands as the largest decentralized exchange that the world has ever seen, and has recently conducted its first community call.. Can this dApp finally make DeFi simple for all to understand? ETH rallied when UNI farming began, so the opposite could occur when it ends. by Bullishnews November 13, 2020. by Bullishnews November 13, 2020 0 comment. — monetsupply.eth (@MonetSupply) November 13, 2020. The higher the time-lock, the higher the reward supply. For those who missed it, here are the video and chat logs of the event:️ https://t.co/cdSg53yGgP https://t.co/uMDWKa2PJ0. However, the call did not result in any proposal ideas -- including extending the UNI farming incentive program, which is set to end on Nov. 17 Uniswap’s four liquidity pools launched on Sep. 17, and was partially responsible for an even faster rise in the popularity of the exchange, distributing 583,333 UNI per week for each pool Made a slight comeback over the past week, potentially freeing up 1.1B. Liquidity provider to add funds the reference token liquidity on Uniswap instead of going to,. Has the man for the job runs on the Ethereum blockchain will happen then farming,! 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