{"id":308153,"date":"2021-07-26T08:59:44","date_gmt":"2021-07-26T05:59:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uniswap-delists-100-tokens-from-interface-including-options-and-indexes\/"},"modified":"2021-07-26T08:59:44","modified_gmt":"2021-07-26T05:59:44","slug":"uniswap-delists-100-tokens-from-interface-including-options-and-indexes","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uniswap-delists-100-tokens-from-interface-including-options-and-indexes\/","title":{"rendered":"# Uniswap delists 100 tokens from interface including options and indexes"},"content":{"rendered":"

“# Uniswap delists 100 tokens from interface including options and indexes <\/strong>”
\n<\/p>\n

The world\u2019s leading decentralized exchange, Uniswap, has announced the delisting of a number of tokens from its app<\/a> interface.<\/p>\n

Uniswap Labs made the announcement<\/a> on July 23, emphasizing that the tokens had been removed from the app interface only, and that the protocol remains immutable:<\/p>\n

\u201cThese changes pertain to the interface at app.uniswap.org \u2014 the Protocol remains entirely autonomous, immutable, and permissionless.\u201d<\/p><\/blockquote>\n

The company Uniswap Labs is the software developer that has built the front-end web app portal. The front-end is separate from the Uniswap protocol itself, which is autonomous code that was released as a public good.<\/p>\n

In the blog post, Uniswap Labs hinted that increased regulatory pressure may have influenced its decision, stating: \u201cwe monitor the evolving regulatory landscape.\u201d The company also described the move as \u201cconsistent with actions taken by other DeFi interfaces.\u201d<\/p>\n

The tokens<\/a> that have been delisted from the platform\u2019s interface include instruments that may be at risk of being classified as securities by a regulator, including tokenized stocks, options tokens, insurance-based tokens, and synthetic assets from crypto derivatives platforms like Synthetix.<\/p>\n

Gold-backed token, Tether Gold (XAUT), is among the assets targeted, however, Uniswap founder Hayden Adams attributed<\/a> XAUT\u2019s removal to buggy code. Meme-themed tokens including Grumpy Cat (GRUMPY) had also found their way onto Uniswap\u2019s blacklist.<\/p>\n

The reaction from the crypto community saw Uniswap\u2019s purported decentralization called into question. Industry observers such as \u2018ChainLinkGod\u2019 asked<\/a> why UNI holders did not get to vote on the delistings, tweeting:<\/p>\n

\u201cNot very informative here. Was this decision made through governance vote? If not, this opens a whole can of worms and sets a terrible precedent.\u201d<\/p><\/blockquote>\n

Uniswap is currently the leading decentralized exchange by trade volume, with the protocol\u2019s v2 and v3 versions facilitating a combined $1.45 billion worth of trade in the past 24 hours.<\/p>\n

Related: <\/em><\/strong>Concern as Uniswap-backed ‘DeFi Education Fund’ dumps $10M worth of UNI<\/em><\/p>\n

Regulatory pressure on the crypto sector is mounting across the globe, with Binance and BlockFi recently incurring the wrath of authorities in the U.K. and U.S. respectively.<\/p>\n

As reported by Cointelegraph on July 22, the Texas State Securities Board has joined its counterparts in New Jersey and Alabama in taking action against the crypto lending platform. Vermont has become the fourth state to issue an order against BlockFi, on July 25.<\/p>\n