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Defi Review #1: Uniswap The Market Maker

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Uniswap is a decentralized finance protocol for decentralized cryptocurrencies exchange. It makes automatical exchange viable without third-party interference. It operates as its own market and provides services without any human interference besides coding. It shows that it is possible for cryptocurrencies to completely operate without third parties and they can still function better than third parties involved exchanges.

Here is a 1 min summary of the article if you want to skip the reading.

What is Uniswap

Created on November 2, 2018, Uniswap was created as a noncustodial automated market implemented for the Etthereum Virtual Machine. Uniswap was created to test one of the conceptual ideas on the automated market makers.

Why Choose Uniswap

In the traditional finance market, most markets use a central limit order book style of exchange with buyers and sellers to create orders organized by price level and influence by demands and supplies. The benefit of using a limited order book is that buyers and sellers are safe to trade their assets through third parties verification, however, the market is unfair and manipulated by third parties oversight.

Goals of Uniswap

Uniswap is to provide liquidity to the exchanges. Unlike the traditional market which all transactions are operating within the umbrella organization as accounting transactions and settle later, crypto exchange will require enough crypto assets to settle immediately. Such immediate settlement may require owning large amounts of crypto assets which are infeasible to many projects, to begin with. Therefore, the solution is to have a liquidity provider who funds a liquidity pool with crypto assets while earning passive income on the deposit. The automated market maker can leverage liquidity pools to make sure there are always have enough tokens to pair and allow trades to be executed.

Uniswap Focus on Community

One of the Uniswap strengths is to focus on the community. Its goal is to give more power to the community and to build a better community by giving more tokens to them. It also has great governance with 3 phases to improve the Uniswap protocol.

Phase 1 temperature check is to determine sufficient to make changes to the status quo.

Phase 2 consensus check is to establish formal discussion around a potential proposal.

Phase 3 governance proposal is to change based on community proposal.

Because of those focuses, Uniswap can prevent flash loan attacks and make its ecosystem more transparent and fair.

Holders From Uniswap

Holders are equally distributed amount many users and there are less dominated potential of single holders to over influence the Uniswap ecosystem which makes the Uniswap closer to decentralized.

Check out my another article here: Defi Review #0: Why I Focus on DeFi

Risks With Uniswap

The open audit result of Uniswap is fairly good. As far as its protocol security, Uniswap is sufficient to prevent possible hacking. However, because of its governance setup and community progression, it makes the Uniswap evolve slower when the market rapidly changes and it may seem a bit out of touch on the Defi hype.

In Conclusion

I think Uniswap is definitely a breakthrough and disruptive project. Its automated market maker continues improving and the community is dynamic to adapt slowly to the change of the Defi environment.


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Argentine Crypto Exchange Lemon Sheds Roughly 100 Jobs, Citing Challenging Industry Conditions

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Argentine Crypto Exchange Lemon Sheds Roughly 100 Jobs, Citing Challenging Industry Conditions



Lemon had planned to deploy almost the entire amount on its expansion in Brazil. Given the current context, its move into the South American country will be “more strategic and niche,” Cavazzoli said. The exchange put plans to expand into Chile, Colombia, Ecuador, Peru and Uruguay by the end of 2022 on the back burner.



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It’s time for crypto fans to stop supporting cults of personality

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It’s time for crypto fans to stop supporting cults of personality


Many of the centralized cryptocurrency platforms that collapsed this year had something in common: a young, outspoken and cocky leader. Each gained outsized influence not by virtue of outsized intellect or talent but because of their piles of money and large Twitter followings. And each time, misplaced trust in their abilities resulted in disastrous consequences. 

If crypto wants to avoid similar catastrophes in the future, it’s time for us to rearrange our leadership priorities. We need to ditch the cults of personality.

The theater of crypto on Twitter

Before FTX collapsed, founder Sam Bankman-Fried (SBF) had garnered a reputation as one of the loudest voices in the industry. He was active in the political world and frequently commented on what was happening in Web3.

Related: Disaster looms for Digital Currency Group thanks to regulators and whales

But perhaps most notable was his active involvement in a myriad of Twitter feuds and spectacles. SBF first stepped into the spotlight as the successor of SushiSwap after Chef Nomi abruptly abandoned the project — a drama that played out almost entirely on Twitter’s public stage. His ensuing Twitter antics, combined with the image of unstoppable success that FTX was broadcasting far and wide, gained him more than a million followers.

But even as SBF’s influence grew, it seemed he just couldn’t resist shitposting, regularly engaging with other Twitter users who threw stones.

Indeed, SBF’s penchant for Twitter drama played an important role in exposing FTX’s insolvency. It was his recent spat with CZ that ultimately led to the run on FTX’s deposits. His attention-grabbing antics carried on through the current ordeal, culminating in a bizarre series of cryptic tweets.

The loudest voices in the room

While SBF is the latest example of an industry figure whose highly public Twitter presence led to a highly public downfall, he certainly isn’t the first. Do Kwon and Su Zu, who were both at the center of monumental collapses earlier this year, were also notorious trolls. Do Kwon infamously sent an arrogant series of tweets just before Terra’s downfall, while Su Zhu’s infamously elusive comments during the 2021 bull run didn’t age well, either.

But, the leaders of failed platforms aren’t the only ones guilty of social media braggadocio. Binance’s CZ, after all, was just as guilty as SBF of engaging in their public Twitter feud earlier this month. Digital Currency Group’s Barry Silbert, who has been at the center of alarm related to the FTX fallout, has also garnered a reputation as a shitposter.

There are many, many more tweeters who have used online spectacle and trolling as a means of controlling the industry conversation. Think Ben Armstrong (aka “Bitboy”) and Jim Cramer, to name just a couple more. There’s a small army of them. And, even though many are purged in each bear market, their successors are increasingly turning into powerhouses too vocal and influential to ignore in the space.

We need to end the cults of personality

So what’s the solution? How can we better identify this personality type and use this recognition to avoid future pain?

Related: 5 reasons 2023 will be a tough year for global markets

Instead of focusing on building cults of personality, the crypto community needs to focus on platforms and leaders building products that use web3 primitives to solve problems in a manner that’s orders of magnitude better than anything we’ve experienced before. The crypto community needs to stop listening to the loudest voices in the room and start listening to the wiser, more experienced ones — even if they are sometimes quieter. And by the same token, we need builders with experience in creating real value for users to speak up more.

Ultimately, the answer lies with us and with the people that we, as an industry, choose to lionize. We need to learn how to identify and support builders building transparent, secure, high-quality applications and decentralized applications — regardless of how many followers they have.

Corey Wilton is the co-founder and CEO of Mirai Labs, the international gaming studio behind Pegaxy. A renowned speaker and play-to-earn thought leader, he began his first company within crypto in 2018, a customer support service designed to assist cryptocurrency companies with their customer service.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.



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Good Or Bad Read Our Review

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Good Or Bad Read Our Review


About lithiumhosting Web Hosting

lithiumhosting Web Hosting Family Owned and Operated and 100% investor free, Lithium Hosting was founded in 2006 on a simple concept: good web hosting shouldn’t be expensive. There was once a day when providing affordable and reliable hosting meant you had to sacrifice quality of service – not anymore. Because this remain small, lean and agile, they are able to minimize overhead and offer quality service at a low price. And with a wealth of satisfied customers, this like to think they’ve done pretty well so far.

They pride yourselves on customer service and customer satisfaction. They encourage feedback, criticism and feature requests. Please let know if there is a product they don’t currently offer that you might be interested in. At the same time, let know how they are doing or what can do to improve your service offerings and product lineups. From website design and usability to product price and features, they hope you will tell what is on your mind.

lithiumhosting Web Hosting Overview

Hosting Namelithiumhosting Web Hosting
SupportVia Email, Live chat support, 24/7/365 Call Support or ticket systems
Website UrlClick Here To Visit
Speed67 ms (Mumbai)
Uptime95.97% (last 365 days)
Data CentersData centers in Asia, America, Africa, Australia and Europe
Backups and RestorationAutomatic daily backups for free
Stored offsite for 10-30 days (as per plan)
1 click Restoration
No easy options for manual backup
Migration50 cPanel accounts or 10 non-cPanel accounts for freeOnly valid within 60 days of purchase
Rating9.6
Affiliate SystemNot Available
FeaturesMaximum Performance, Web Apps and Fortification, Free Let’s Encrypt SSL, Maximum Security, 99.8% Uptime Guarantee, Money Back Guarantee
Security SSL Certificates, Domain Transfer, Domain Registration, cPanel Reseller, Shoutcast/Icecast Reseller, Live Video Streaming
Developer ToolsPHP 8.0, NodeJS, Python, Perl, Bash, Laravel, SSH and SFTP Access, etc.
Add-OnsVarious SSL Certificates, Email Spam Filtering, SiteLock, Marketgoo
Hosting PlansCloud Shared Hosting, Business Cloud Hosting, Cloud Reseller Hosting
Payment MethodsInternational debit and credit cards, Visa, PayPal, American Express, Maestro and Mastercard
Refund Policy30-days money back guarantee
PricingStarting from $4.95/Mo

How To Migrate Your WebSite To lithiumhosting Hosting

It is very easy to transfer your website from exiting host to new hosting. lithiumhosting Hosting Offer Free Migration Service After Purchase Request Free Migration & Support Team Of Do The Rest.

lithiumhosting Hosting Price

lithiumhosting Price Start From $4.95/Mo. This Hosting comes with Cloud Shared Hosting, Business Cloud Hosting, Cloud Reseller Hosting. Each of the plans is suitable for the type of business you have, and they all have one goal – to make your website stand out from the rest.

lithiumhosting Server Response Time

One of the most important things to look for in a web hosting solution is its speed. You want your websites, web applications, and their content to load at a lightning-fast speed. That’s possible only when the web hosting solution qualifies for speed tests and analysis.

This makes it essential to review for its speed, server response time, uptime, and other factors that influence a website’s speed. So, let’s get to it.

Speed Test Result

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lithiumhosting Uptime Test

Your website is no good if it remains down. The entire functioning and uptime of your website are dependent on the hosting solution that you use.

lithiumhosting Data Centers Location

The more data centers that a cloud hosting solution has, the better. This is constantly focusing on increasing its reach and hold across the world.

The states or cities where the data centers of the cloud solution are located are-

  • Asia
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  • Africa
  • Australia
  • Europe

lithiumhosting Security

In any web hosting platform, security and technology play a major role in the company and customer success. Well, if you own a website, you need to keep it safe from online threats, right? This is where they proves to be a savior with its impressive security features. 

  • SSL Certificate: Don’t risk buying elsewhere and getting it wrong as a small typo or selecting the wrong option could prevent your certificate from working and prevent successful installation. Let do the hard work for you.
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  • Money-back guarantee – They know that not everyone has the same needs. That’s why offer a 30 day money back  guarantee if you feel your services aren’t right for you.
  • Malware Scanner: It scans for malware on your website and fixes all kinds of online threats. It is available for free on the Turbo Shared hosting plan.
  • 24/7 Monitoring: This team is always monitoring your server and your network to provide the maximum protection against online threats and attacks.
  • World-class support: You’ll be delighted with your customer support team, who are always ready to help you with any hosting queries you may have.

lithiumhosting Affiliate Program

lithiumhosting also has an exciting affiliate program put in place where you can earn a commission by referring people to lithiumhosting.

They have different levels decided according to the number of affiliates. You can easily calculate your estimated earnings through these levels.

Does this sound interesting to you? Wondering how you can become an affiliate on lithiumhosting? Well, you simply need to sign up as an affiliate and share referral links to promote hosting. 

lithiumhosting Hosting Features

Daily Backups

They provides daily backups for your websites to ensure that you never lose any content or important business information.

lithiumhosting Refund Policy

Similar to other hosting, you get a 30-day refund guarantee on lithiumhosting. This is great if you wish to test out all the features of the hosting plan and then decide if it is right for you!

However, it only applies to hosting services. If you purchase a domain or any add-ons along with your hosting account like SSL, Email Security, SEO Tools, etc, they won’t be refunded. 

Payment Methods

They accept payments through International debit and credit cards, Visa, PayPal, American Express, Maestro and Mastercard.

Global Available

One of the best features that a hosting solution can have is to be expanded worldwide. This is one of those providers that work hard to gather more audience globally and to keep it. This web host is spread on continents –America, Europe, Asia, and Australia. Since its beginning, this has managed to put data centers globally that care about the speed and the performance of the hosting platform. More precisely, the data centers are located in Beauharnois, Canada.

Maximum Performance

Speed matters, which is why ApisCP is built with meticulous consideration for all components. On average ApisCP’s backend can process over 13,000 privileged commands per second. Privilege escalation through careful API calls to its backend is just one way security comes first.

Web Apps and Fortification

Effortlessly setup and automatically update WordPress, Joomla, Drupal, Ghost, Laravel, Magento, and Discourse from within ApisCP. Setup SSL + create restricted write-only profiles for PHP applications with Fortification.

Free Let’s Encrypt SSL

One-click setup + renewal of Let’s Encrypt SSL. Take advantage of HTTP/2 with easy, free SSL sponsored by Let’s Encrypt. Wildcard SSL included to protect all subdomains.

maximum Security

All users are isolated in their own virtual filesystem, the firewall is constantly monitoring and blocking bad actors, Rspamd and Spam Assassin are keeping mailboxes free of spam and the self-healing platform is constantly updated and secure.

99.8% Uptime Guarantee

Your average uptime is over 99.9% which is roughly 45 minutes of downtime per month. Server restarts take less than 3 minutes and software updates rarely impact service which translates to more uptime for your website!

Money Back Guarantee

They’re so confident you’ll love your service, they offer a 30-day free trial and an unprecedented 90-day money back guarantee. Add those together and you have the best guarantee in the industry.

Website Migration

This also comes with a free website migration. This means that if you already have a website that is hosted by another provider, you can easily migrate it to lithiumhosting

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