Curve Overtakes Uniswap TVL

in crypto •  2 years ago 

This appears to be a puff-piece for Uniswap.

Despite Upstaging Uniswap’s TVL, Curve May Still Not be Largest DEX

Good to see another DEX overtaking Unislop and its dreadful scammy ponzi-pools.

The article tries to adjust the news by looking at other metrics. But it totally fails to mention that Unislop's own TVL has been artificially inflated for months - and that the platform ignored this until it was made public.

But the deep problem is all the scammy "yield farms" that inflate their TVL by pumping each worthless "farming token" so as to then drain the pools from gullible investors. I assume some do know how to play this game - and win a bit - else the charade would have shut down ages ago.

Note that Curve itself has not been immune from the contagion of assets collapsing within pools. I hope Balancer starts to shout a little louder.

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  ·  2 years ago  ·  

found the links (jeez, search really sucks)

97.7% of tokens launched on Uniswap are rug pulls or scams
https://blurt.blog/crypto/@blurtyield/97-7-of-tokens-launched-on-uniswap-are-rug-pulls-or-scams

Uniswap V3 TVL Serious Blunder
https://blurt.blog/crypto/@blurtyield/uniswap-v3-tvl-serious-blunder

  ·  2 years ago  ·  

Wonder what uniswamp's TVL would be without all the shitpools.

  ·  2 years ago  ·  

Lower than Curve by a long long way.