Hi,
You guys understand Uniswap?
i think the answers lies on the first 2 respond?it was enough to understand the question you are putting here.
Also u only use this as exchange when some of my Shitcoin needs to be converted to ethereum and then will go to bitcoin or other alt that i wanted to stay on hand.
I remember etherdelta from this exchange, they have many users now because many new project want to be there, even those defi project want to list it there.but in the end it will be forgotten if they only list shit tokens in their exchange and once many scammers make their platform as a way to sell shit tokens ,I wish they can upgrade the program and choose and only project to list and not accepting any that want to be there just because they want to sell it to investors.
Exactly mate as the exchange must be reliable and basing their acceptance depend on the quality of coins and the team and not just because they can pay the listing fee because scammers can have fund for this to looks like legit.
and in the end the effect is in exchange by listing BS projects.
We must learn to qualify our investments depends on their long time purpose and not just because Defi is now trending(anyway they are not and starting to fall now)