3 ms·

> I’d say there is 10-40x the fraud on uniswap than on centralised exchanges This makes no sense, especially if you factor in gas prices, pool fees, and volume

• dannyw 5y ago
  If you own most of the lp, most of the fees go to you.
  • greatjack613 5y ago
    That's not true, the gas fees which are the largest part still go to the miners.
    • yokem55 5y ago
      Well, now only about 15% of the tx fees go to miners. The rest of the gas fees are burned, so you can't even get a kickback from a friendly miner on your fees.
• teitoklien 5y ago
  1- Gas price, to them its not a significant amount, its a business expense, they profit much more, when the token gets listed on popular lists due to this, which brings up new holders , who pump up the mcap by a lot, as the lp pool on these tokens is very small (only a couple of million dollars, compared to mcap which is way higher) 2- pool on tokens like these are usually only made by the owner themselves, so pool fees goes back to them. 3- They do this to invite new people, and then inflate the token price, and rug them by either pulling the entire lp, or just exit it , in a few mins. Some also do this, to qualify for potential centralised exchange listing, down the line (instead of rugging).