Sushiswap Testing Uniswap
Liquidity mining on Uniswap ended so Defi Farmers are looking for other opportunities to provide liquidity. In the meantime, competitors like Sushiswap, Curve and Balancer have seen rapid growth recently. Sushiswap is doing it’s second “vampire attack” by offering higher rewards and an easy migration interface that takes users from Uniswap to Sushiswap. To learn more about what’s happening in the world of Defi check out this OKEx article.
Here are some more highpoints from this article:
- Uniswap has higher trade volume.
- Uni tokens are too expensive for governmental purposes.
- New liquidity mining may not start on Uniswap until December 4th
Bitcoin is up and Ether and other Altcoins are also pumping. The big Altcoin winners are QUN, ROAD, and MLN while the Altcoin losers have not gone down anymore than 12%. Read up on Bitcoin’s and Ethereum’s technical analysis here.
Have a great weekend!