For those who are interested in knowing more about Uniswap, it is worthy to check out this fantastic new DeFi research report from the St Louis Federal Reserve branch, which includes a detailed explanation of the Uniswap constant product market maker design.

Irrespective of all the developments, there are consistent complaints about the fees, which are totally short sighted and overlooking what a massive DeFi is.

It’s great to see that several high quality delegates are participating in the Uniswap ecosystem.  This is visible from how it is not possible for users to delegate the UNI votes to the Harvard Law School Blockchain and Fintech initiative.

While some of the critics wondered if we are not smart enough to vote ourselves and on if it is necessary that we should hand our votes over to organizations that know what is good for us. It just felt like it basically defeats the purpose of DeFi voting.

Harvard in response to the criticism opined ideally, it would be best for everyone to vote.  However, users are too busy to stay informed of the issues. In which case we encourage them to find a delegate who shares their values to vote on their behalf instead of letting it go to waste.

Uniswap Suite of Tools

For beginners, Uniswap are providing a suite of tools for the tokenized world contributing to the world of decentralized finance.  The suite of tools with Uniswap, which make for the super powers for DeFi developers are socks, analytics, apps, token lists, and Sybil.

With Unisocks users will be able to buy and sell real socks with digital currency delivered on demand.  The socks is the token which entitles the holder to one real pair of limited edition socks, which is shipped anywhere in the world.  Users will be able to sell the token anytime to get a real pair and to redeem a socks token.  At the time of writing, socks tokens are listed staring at $12.

Uniswap analytics provide for an overview of the tokens and pairs with details of the transactions and fees.

The Swap provides for swapping of tokens for a wide range of other Altcoins like ETH, AAVE, AMP, ANT, BAL, BAND, BAT, BNT, COMP, CRV, CVC, DAI, DNT, GNO, GRT, GUSD, KEEP, KNC, LINK, LOOM, LRC, MANA, MKR, MLN, NMR, NU, and OXT and a range of other tokens available in the list.

Token Lists is the Ethereum Token Lists Standard.  This is a community led initiative to improve on the discoverability, trust and reputation for the ERC20 token lists in a way that it is inclusive, transparent, and decentralized.  It is possible to manually author the token lists.

Sybil is an on-chain governance tool to identify delegates.  Sybil helps in mapping on-chain addresses to digital identities to maintain a list of delegates.

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Thank You,

The TCAT team.