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Why can’t Uniswap be exchanged (coins on Uniswap cannot be sold)?

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Why can\’t Uniswap be exchanged? Editor\’s note: This article is from Blue Fox No

Why cant Uniswap be exchanged (coins on Uniswap cannot be sold)?

Why can’t Uniswap be exchanged? Editor’s note: This article is from Blue Fox Notes (ID: lanhubiji), authorized by Odaily Planet Daily for reproduction.

In the past week or so, the liquidity on Uniswap has been “squeezed” time and time again, resulting in the inability to exchange tokens.

Uniswap is an automated market maker protocol built on Ethereum, which creates its own price discovery system for everyone by providing an open price oracle. Its goal is to make it easier for people to use the products they create without paying any fees.

However, achieving this goal is not possible if you need to pay a fee when buying something with a currency other than the majority of people’s transactions, and this mechanism is very complex and time-consuming. Therefore, when users want to extract liquidity from this smart contract, they usually encounter the following problems:

– Because you haven’t found the information that can help you complete the transaction quickly. However, due to a lack of liquidity, you are likely to forget that this information can help you make informed investment decisions. If you want to achieve higher returns and have enough funds, your investment portfolio may also be limited.

– You can choose to invest your assets in a pool of the protocol to earn more returns or deposit your assets into other wallets in that pool for staking. At this point, you will find that some strategies can diversify your investment portfolio—for example, you want to allocate it to a certain asset instead of selling part of it. This way, you can easily increase or decrease the demand for that asset; if you consider it as a value reserve, you can also retain them while providing liquidity in another layer, thereby further enhancing capital efficiency and maintaining security.

However, this is a bad option for those who do not want to buy assets. Nevertheless, Uniswap still has a good opportunity for users to leverage their trading experience and resources such as risk preferences to obtain higher returns. However, if you are willing to bear high costs but cannot participate in liquidity mining projects, you are likely to miss out on one of the best opportunities.

Coins on Uniswap cannot be sold

According to OKLink data from the OKCoin Chain, at 11:30 today, the liquidity of ETH, USDT, and WBTC on Uniswap has reached an all-time high. Currently, the 24-hour trading volume of this digital currency is about 5.36 billion RMB, with a growth rate of 18.2% compared to yesterday. DAI ranks fourth with a 24-hour trading volume of $150 million. In addition, the inability to sell UNI coins on Uniswap in case of high market volatility has become one of the most concerned topics in current exchanges.

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