What an F'ing Useless Token!  Uniswap is getting a bit crazy

What an F'ing Useless Token! Uniswap is getting a bit crazy

By Derpitor | Scam Alerts | 30 Oct 2020


I am staring a bit of an experiment to see if I can highlight the craziness of Uniswap. 

 

Don't get me wrong; Uniswap is amazing for a lot of things, but also has a lot of issues: 

  • Fake tokens trying to mimic other projects
  • Smart contracts that scam people by allowing them to buy through the liquidity pools but cannot sell.  
  • Also the infamous "rug pulls" where scammers add liquidity, get some ETH and pull it right away

That's just to name a few of course.  Overtime we should see some of these issues being solved in future version of Uniswap.

 

So here is my fun experiment.  I threw a bunch of FUT (F'ing Useless Token)  https://etherscan.io/address/0xb871c5b66c344a35883c040d2f51b5793918579d liquidity onto Uniswap just to see what would happen: 

 

Well if anybody is interested its about as cheap as you can get.  Well it should be free but you can't put free on Uniswap:

 

https://info.uniswap.org/pair/0x91bc31bb9c78bc56523128349f32a001c08b44ea

 

I'll keep the liquidity on there for fun to see how many crazy people there might be out there looking moonshots or degen gains.  Honestly if nobody does any swaps and leaves it as is that would probably be a good thing.

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