The inventor of leading decentralized exchange Uniswap, Hayden Adams, announced today that the protocol will be implementing a 0.15% swap fee on their web app and wallet interfaces for the very first time.

Only a certain set of tokens will be affected by the new fee, according to a Uniswap Labs’ blog post, including ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, and XSGD. 

However, the fee only applies when traded through Uniswap Labs’ interfaces on mainnet and supported layer 2s—and if the swap takes place between an input and output that are both subject to the fee. Swaps from stablecoins to stablecoins are excluded from this initial charge. 

Bridgett Frey, a spokeswoman for Uniswap Labs, told Decrypt that they took a “holistic view at how people use our product, and determined this initial list of tokens that made most sense,” adding that they expect it to evolve over time. 

The new fee is set to go live tomorrow, and according to Adams, will allow Uniswap Labs “to continue to research, develop, build, ship, improve, an

Go to Source to See Full Article
Author: Pedro Solimano

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details