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~80% of pools and tokens on Uniswap are scams and rug pulls and it's even harder to figure out what's real.
by makotobestgirl 5y ago
~80% of pools and tokens on Uniswap are scams and rug pulls and it's even harder to figure out what's real.
- Zamicol 5y agoUseless/scam tokens are a problem, but it's not specific to Uniswap. That's a problem inherent to permitting anyone to create a new token, like with ERC-20 tokens. If you want to trade useful tokens, Uniswap's data is the most truthful. It's not that the system can't be gamed, it's that he costs of gaming are transparent and predictable.
- greatjack613 5y agoI use https://cmcsnipe.com/honeypot https://cmcsnipe.com/honeypot to check for scams, easily detects if a token is a honeypot.