Will UNISWAP become a centralized exchange?

[ArturoProfit]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

[semobo]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

It has different protocols and it is an open source exchange which let anyone to trade with no need of intermediates like what happens with centralized exchanges but can Uniswap be decentralized forever? Already there has been some debate going about their transparency so even it is decentralized still we no need to trust them and we are not holding our funds there so not much to be worried about future consequences.

[tabas]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

I'll take the example of idex which was very known before as a decentralized exchange. If it happened on idex, there's a tendency or a slight chance that it can be the same with uniswap. With the technical matters and codings, I have no idea about it.
I'm only comparing it with what we've seen with one known dex before.

[crzy]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

I'll take the example of idex which was very known before as a decentralized exchange. If it happened on idex, there's a tendency or a slight chance that it can be the same with uniswap. With the technical matters and codings, I have no idea about it.
I'm only comparing it with what we've seen with one known dex before.

Anything can happen depends on how the new management work under the UNI platform and maybe if there’s a government pressure, they’ll become a centralized exchange later on and it can affect the price of UNI for sure. What we see right now is not permanent, they will be more changes, and more development we are not sure about this one, time will tell.

[bitkanu]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

It will not happen with uniswap as it has already built the decentralized governance and uniswap will never become a centralized entity. Who is dharma corporation? it didn't have any correlation with uniswap. Uniswap has actually decentralized consider any decision that will be taken must be based on the governance decision that has already taken from the vote of the community.
It's decentralized.

[target]

Its the protocols that runs the platform. If its goi g to be decentralized by certain group, they have to reprogram all of it but I don't think many will like it. So far Uniswap is running good, the only complain I have is that fees are high if you buy in huge amounts unlike on cex where fees are fixed. But this is also for the pools to continue. It will kill the project if its going tk be centralized.

[WalkerIVIV]

Binance, which is a centralized exchanger and has a large transaction volume, also has a decentralized exchanger, namely Binance DEX. It does not rule out this happening because it all depends on the conditions that exist at a certain time

The binance dex can't be called as the dex and it's not even the same like uniswap which fully decentralized and all of the development will be based on the community decision. Binance dex itself actually controlled by binance and the community of binance has nothing to do with it.


You can't put both Bdex and uniswap in the same tier. Both were totally different.

[semobo]

Binance, which is a centralized exchanger and has a large transaction volume, also has a decentralized exchanger, namely Binance DEX. It does not rule out this happening because it all depends on the conditions that exist at a certain time

Binance DEX isn't really a true decentralized exchange like Uniswap because they run on their own chain network and not transparent as well,even though it is from Binance the trading volume doesn't reach a shit centralized exchange range.

[OcTradism]

You can not ask a question when a centralized company will make their products or platforms as centralized.

Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.

[TGD]

I am sure that uniswap will not follow its predecessors like idex, uniswap has become a good bridge for dex exchange so that it can compete and make dex more attractive to many users. although I know, in crypto anything can happen, especially if profit is the trigger.

It's too early to say that. Once regulators imposed a KYC requirements in able for Uniswap to survive and it's not impossible to happened because there's a huge chunk of free of tax money free flowing on this DEX. They have no choice but to follow once SEC requires it. This is the disadvantage when the team identity behind a decentralized exchange was publicly posted. SEC can easily address their concern to them compared when the team is Anonymous. But there's always pros and cons. I believe they maybe change in centralised in the future but not on this early of the game.

[AliMan]

I am sure that uniswap will not follow its predecessors like idex, uniswap has become a good bridge for dex exchange so that it can compete and make dex more attractive to many users. although I know, in crypto anything can happen, especially if profit is the trigger.

What if there's a change in the near future, can prevent that scenario? Don't close every possible situation that might happen, it might make us frustrated in the end. However, popularity of an exchange still matter in every aspects but don't put your 100% confidence on this project. Always bare in mind that cryptocurrency is volatile, we can't expect it to be stable.

[Malamok101]

Will lot of project now willing to list on Uniswap, And to become a partner of it because this is good opportunity to be listed. With a real project and successful so many people right now is focusing on it after it trends lately.

[Novatech8]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

The fact is not all decentralized projects and Exchanges are truly decentralized, let's not forget that people are controlling these decentralized projects either exchanges or projects, decentralized means out of people's control, cants be uttered in any ways but that's not what's happening around crypto dex exchanges, the word 'decentralized' sounds so untrue

[SamboNZ]

You can not ask a question when a centralized company will make their products or platforms as centralized.

Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.

I dont have any clue on what you are talking about? If its centralized they can change it whenever they like if its for the good of the platform.

I am sure that uniswap will not follow its predecessors like idex, uniswap has become a good bridge for dex exchange so that it can compete and make dex more attractive to many users. although I know, in crypto anything can happen, especially if profit is the trigger.

How can you be so sure? the only reason why idex implemented KYC is to avoid US based customers. They will get financial penalties just like what happened to Bitmex if they continue not to implement strict KYC.

[yslyv]

I do not understand the question exactly. From my point of view, if there is a possibility to convert a decentralized thing to centralized, then it means that it is not fully decentralized. It is not being run by protocols only.

[casperBGD]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

yeah, if they pass their proposal, then they can become leading manipulator on Uniswap, and could exercise all their wishes on the protocol, so it will closer to centralized exchange in the governance process, but it will not be the same, because Uniswap has different underlying protocol, but one step leads to another, and community could expect to receive less in case the Dharma and their partner have more votes, or enough votes to submit any proposal

[coin-investor]

Given the latest hype news from Uniswap, is it possible that in the new management scheme there will be risks of centralization and possible absorption by big people?
For example, the Dharma Corporation may well exert pressure and control over Uniswap.

So far Uniswap is one of the biggest decentralized exchange we have and and because of this the Decentralize Finance is making headlines and booming we should not let them become a centralized exchange, there's a lot of flaw to the centralized exchange, the only issue we have on why we do not want to trade in decentralized exchange is liquidity, now there are liquidity people are now coming here to trade.

[iamaruf]

I think UNISWAP will not going to do this. If they do they will lose many traders and very high possibility to lose huge numbers of traders. If I am correct they are famous for decentralized and if they turned to centralized then will lose popularity and their token UNI will dump very high.

[puremage111]

Nope

Unless they tell us that
"Hey our contract is exploit-able, let's move to some sort of centralized contract that Admin can move the coins"

Else, based off the current logic writing of Uniswap smart contract, DEV/Admin couldn't withdraw any coins from pool/liquidity except owner of pooled token

[leea-1334]

You can not ask a question when a centralized company will make their products or platforms as centralized.

Centralized companies build up their centralized products, at start and at the ends. They can not change it and they don't have reasons to change it and destroy their ownership and centralized control rights.

To be fair,,, I have seen a few projects who are quite transparent and show exactly how centralized they are, and they admit it, and that is okay! And they then start to show how they want to do a roadmap of how they will move towards gradual or sometimes even complete decentralization. Normal and good to see that nowadays.