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> 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.




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).


If you own most of the lp, most of the fees go to you.


That's not true, the gas fees which are the largest part still go to the miners.


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.




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