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Uniswap Rolls Out Swap Fees to Fund Growth
Fees will support ongoing product innovation and development.
Decentralized crypto exchange Uniswap announced today that it will begin charging trading fees on certain tokens. The fees, which go into effect tomorrow, will be set at 0.15% per trade.
Uniswap Labs CEO Hayden Adams shared the update on Twitter, framing the decision as a way to sustainably fund the company’s development efforts. Uniswap Labs created the popular decentralized exchange protocol Uniswap, which has historically been entirely feeless.
The introduced fees will apply only to trades made through Uniswap’s web and mobile interfaces. The underlying Uniswap protocol smart contracts, which are autonomous and decentralized, will remain free of fees.
Read More: https://cryptobriefing.com/uniswap-adds-swap-fees-fund-growth/
Read More: https://cryptobriefing.com/uniswap-adds-swap-fees-fund-growth/
Fees will support ongoing product innovation and development.
Decentralized crypto exchange Uniswap announced today that it will begin charging trading fees on certain tokens. The fees, which go into effect tomorrow, will be set at 0.15% per trade.
Uniswap Labs CEO Hayden Adams shared the update on Twitter, framing the decision as a way to sustainably fund the company’s development efforts. Uniswap Labs created the popular decentralized exchange protocol Uniswap, which has historically been entirely feeless.
The introduced fees will apply only to trades made through Uniswap’s web and mobile interfaces. The underlying Uniswap protocol smart contracts, which are autonomous and decentralized, will remain free of fees.
Read More: https://cryptobriefing.com/uniswap-adds-swap-fees-fund-growth/
Read More: https://cryptobriefing.com/uniswap-adds-swap-fees-fund-growth/
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