I'm Jumping Into Uniswap

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Just 3 days after the wLEO hack wrecked chaos across my confidence in De-Fi, I'm jumping into it for the first time. But this time, it's for KOIN.

What? ... why....

Yeah, I guess painful memories are short-lived here in the cryptosphere. In the past 48 hours, I've started up my KOIN miner marking the first mining experience I've had in years. And with no exchange outside of Uniswap yet available, Uniswap has become the defacto bottleneck liquidity provider for the upcoming blockchain.

https://info.uniswap.org/pair/0x3e9b04c0a11fc801335b0c436a3ae3dea0dc2188
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Thus far, the liquidity has been steadily growing which is good to see, but not unexpected for any newly introduced token.

So why not. With the airdrop a good 6 months away, it's time for me to put my useless distribution stake to work. Let those transaction fee's accrue. So far, I'm satisfied. Only putting in about $170 worth of liquidity has already yielded about $0.57 in about 24 hours. Pretty decent considering the 6 months left to go before I probably pull out.

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Posted Using LeoFinance Beta



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2 comments
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I have read in Discord yesterday that thay Uniswap pair isn't created by a "known" person... Not sure if that's now clarified, but just a heads-up... ;)

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Yeah, I heard about that, but as long as the address is pointing correctly, theoretically no alarm bells are ringing....?

Posted Using LeoFinance Beta

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