#UseShibaSwap only
Uniswap going against decentralization and acting like centralized exchanges
The Uniswap team provided the community with 60% of the genesis supply of UNI tokens (1 billion) while giving themselves, investors, and advisers the remaining 40% and anyone can see that in their history. That behavior is against decentralization because in a decentralized community and project everyone should be treated equally and having the same chance to buy for example. In May 5 2021, “Uniswap Labs has now released 3 versions of the Uniswap platform–the latest in May of 2021. The updated platform allows liquidity providers to set minimum and maximum prices on their portion of any given liquidity pool, otherwise known as “concentrated liquidity,” and allows different pools to be created with different fees. In essence, the Uniswap team made changes to the Uniswap platform unilaterally, without submitting these changes to the same governance process as any other proposal. The team simply kept the previous version of Uniswap running and dressed up Uniswap v3 as a brand-new platform. How is this any different from a central party having authority and control over a network so as to dictate the future value of that network’s native token? And what is to stop Uniswap community members from believing Uniswap Labs will continue to release updated versions of the platform, regardless of how the community votes to change the current protocol?” Also, Uniswap announced on their twitter that they are restricting some tokens….how does that make them “decentralized” while they are acting like centralized exchanges?
No matter how much I write….. there are still multiple things for Uniswap that shows how they are against decentralization and anyone can search about it and find facts!
The actual decentralized community and project and platform is Shiba Inu and we promise our vision will always stay like that and move more towards it! ShibaSwap will never go against decentralization! A project that is built by people for people.
SushiSwap hacked today
Recently SushiSwap released a platform called MISO (a suite of open-source smart contracts created to ease the process of launching a new project on the SushiSwap exchange) and they tried to do an auction for NFTs through their platform. However, today on 17th/September/2021 they reported that their NFT auction got hacked and their contract got exploited with 3 million dollars worth of ETH (Ethereum). Moreover, this is not their first time for SushiSwap being attacked and showed how the security of it is vulnerable:
ShibaSwap goal always first is SECURITY such as it uses Skynet (Security Oracle leverages intelligence engines like Skynet to bring security insights on-chain) from CertiK security and it works 24/7 and ShibaSwap is scored with 92 at the moment (one of the highest scores compared to other projects). That is just a small example of a way of high security for ShibaSwap.
10000 NFTs
Very very very soon we will see an announcement about them from our top dog Shytoshi and a new medium explaining the system of it and I can tell you everyone will be surprised!
WOOF WOOF!
#UseShibaSwap
Be part of making history towards decentralization,
Shibarium1
