Is Uniswap's Token Swap Fee a Positive Move for DeFi? ♻️
#Uniswap , a major decentralized exchange, will start charging a 0.15% #fee for swapping specific tokens in its app and wallet from October 17.
Notable tokens affected include Ether, USD Coin, Wrapped Ether (wETH), Tether, Dai, Wrapped Bitcoin (WBTC), and others.
This low fee will support Uniswap's #expansion plans, which include an iOS and Android wallet, UniswapX, web app improvements, and more.
The exchange currently has $3 billion locked in its contracts and aims to raise $62 million for infrastructure and grants.
However, some controversy arose regarding Know Your Customer verification for traders.
