DEX was a good idea and neat but UNISWAP and Bounce.finance these days have been a reason of so many pull rugs, I don't remember I hear so many scams like now before, do you agree with me?
Not at all. A team that has listed the token on some centralized exchange can also scam exit at any time, so their
true intentions matter.
If the source code of the token smart contract is published, then investors can inspect it and find out what part of the funds is allocated to the developers. The team can pull the rug but the maximal amount of their coins is predefined. In my opinion, people should
only invest in projects backed by the team they trust.
It is the same as etherdelta before where many people using it at first and then suddenly disappear when they found that the platform is being use by different scammers to sell their tokens . Thats what I think soon to happen in unisswap exchange, if there are no people use that exchange scammers that use it will also gone for good and they will find other alternative to move .
Etherdelta (Forkdelta) is a decent decentralized exchange based on a reliable smart contract. Any ERC20 token can be traded on this platform. Uniswap is the next generation DEX that requires a token listing. Version 2 consumes a lot of gas and is more expensive. These DEX types
differ significantly. It is impossible to drain the liquidity pool on Etherdelta.