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Author Topic: Defishit finance of uniswap  (Read 197 times)
jqprez (OP)
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June 05, 2021, 07:33:32 PM
 #21

$5 is a very cheap transaction dude. When you could see a few months ago and you will have needed more than $150 for a single swap on uniswap.
I think that's relative. If you compare it with other market like Pancake, then $5 for a swap is really expensive. Let's face it, ETH is not cheap to use, until v2 comes or when more rollups happens, don't place too much hope for ETH to go cheaper.
surely with ethereum like that, it doesn't work. It would take alternative chains, such as bnb
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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June 06, 2021, 05:26:16 AM
 #22

I tried swapping on uniswap with 0xbtc and it charged me $ 5 in ethereum per transaction, then it told me I didn't have enough ethereum. if this is the new defi finance it is a failure. much better binance.
Then leave it. The fee is based on the usage of network and its normal that the fee will get high as too many transactions being processed. Its been a while already since the gas fee started to increase and thats normal. Dont complained cause everyone experience the same. I dont think you should turn dpwn defi finance due to gas fee alone. There are incredible products for defi that has been useful and profitable so far.

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