Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Dociko on November 17, 2020, 05:29:10 PM

Title: Uniswap Liquidity Plunges by 45% After UNI Liquidity Rewards Program Ends
Post by: Dociko on November 17, 2020, 05:29:10 PM
Uniswap, the number one DEX platform saw a massive dip in its on-chain liquidity as the popular UNI liquidity mining rewards program came to an end on September 17. The liquidity movement out of the exchange was expected as the rewards for the liquidity providers would dry up. The plunge in liquidity comes just days after Uniswap posted an all-time-high record of $3.07 billion in total value locked on-chain, the current volume at the time of writing was $1.82 billion.
Details: https://coingape.com/uniswap-liquidity-plunges-by-45-after-uni-liquidity-rewards-program-ends/