Express

Compound Founder: Uniswap Should Maintain ETH/USDC and ETH/WBTC Liquidity Rewards

Amy Liu

Summary: Uniswap liquidity incentives will expire on November 18. Compound founder Leshner tweeted that when incentives expire, liquidity in $DAI, $USDC, $USDT, and $WBTC will decline, and slippage (the cost of trading) will go up. This is not good for traders using Uniswap.  He recommends that the community maintains incentives for the following two pools:ETH/USDC and ...

Uniswap liquidity incentives will expire on November 18. Compound founder Leshner tweeted that when incentives expire, liquidity in $DAI, $USDC, $USDT, and $WBTC will decline, and slippage (the cost of trading) will go up. This is not good for traders using Uniswap. 

He recommends that the community maintains incentives for the following two pools:ETH/USDC and ETH/WBTC.This reduces incentives by half, by narrowing them into the two most important pairs--without hampering the trading UX.

By Amy Liu

Last Update:

Tags: ,,
Link: Compound Founder: Uniswap Should Maintain ETH/USDC and ETH/WBTC Liquidity Rewards   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 23 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.