Markets Update by Lucas Outumuro IntoTheBlock. On-Chain Impact of the End of UNI Mining Uniswap’s UNI release had major effects on the DeFi space. Just hours after the UNI airdrop, Ethereum hourly fees and gas costs reached a yearly high. Similarly, UNI’s liquidity mining program led Uniswap to become the DeFi protocol with the highest…

Uniswap’s total liquidity has almost halved after the decentralized exchange ended its token rewards program on Monday afternoon. Down to $1.8B from a peak of $3.3B just 24 hours earlier, the drop in liquidity goes to show how powerful UNI rewards were for attracting capital, good for the #1 spot on DeFi Pulse’s TVL leaderboard…

Uniswap dropped the mic with the surprise launch of its native governance token – UNI. Uniswap,  the leading DeFi DEX averaging more than  $350M in daily volume over the past month, airdropped 15% of the total 1 billion UNI minted at genesis, to anyone who had ever interacted with the protocol since its inception. UNI…

There’s yet another twist to this California Roll. The founder behind the Uniswap fork SushiSwap, an anonymous developer going by the name of Chef Nomi who had run off with about $14M worth of ETH and prompted accusations the project was an exit scam, today returned his stash. “To everyone. I f*cked up. And I...

DeFi experienced what seemed like its first-ever hostile takeover today, except instead of stock buyouts and management shakedowns, it was driven by users switching platforms following their own economic incentives. Crypto capitalism at its finest. 1) well the migration is done; sushiswap is livehttps://t.co/c2JGZJ65Ch — SBF (@SBF_Alameda) September 9, 2020 SushiSwap, a fork of Uniswap,…