UNI released and Ethereum even more broken by ash

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hive-167922 · @ash · Sep 17 '20

$1.82

UNI released and Ethereum even more broken

![image.png](https://images.hive.blog/DQmUeLPSoruq4XkAfKEubGBh9U7wTe4ZpPDDGJ919WiVMBU/image.png)

Uniswap released their token, after being beaten to it by literally any vegetable on the planet.

As a result, a lot of accounts got 400 free tokens (current worth 1036 USDT) - which is cool, but as a result it killed Ethereum. 

![image.png](https://images.hive.blog/DQmSm7m47KR2KTHhhX327uekmSZE3ACbAN7uXitJ8Jbdpae/image.png)

Ethereum is not known for being scalable, and the extreme GAS costs were already killing most small users, but this craze essentially brought the chain to hold.

![image.png](https://images.hive.blog/DQma9H3fYBZgNYTn7mzNrFJSLyGZUz2Q4iuMXqMwSK19bve/image.png)
*Source: https://etherscan.io/chart/pendingtx*

Anyways, I hoped UNI would come up with a L2 solution and release their token via it. Guess they had to rush it because of the competitors...

If you've ever used Uniswap, make sure to check if you have tokens waiting for you :)

I would not claim at this point, you'll never get the tokens and pay a lot of GAS. 

As usual, do your own research and enjoy the FOMO.

------
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Posted Using [LeoFinance <sup>Beta</sup>](https://beta.leofinance.io/hive-167922/@ash/uni-released-and-ethereum-even-more-broken)

👍 leo.voter, trumpman, ash, created, vikisecrets, maxuve, ivansnz, khaleelkazi, livingfree, empoderat, payroll, accelerator, pixelfan, cardboard, bert0, platino94, mcoinz79, oldtimer, maxuvd, reward.app, eirik, leofinance, josevas217, gadrian, justinashby, mangou007, invest4free, dknkyz, snoochieboochies, trumpman2, zukowick, koncreteninja, hiveyoda, perfspots, bagofincome, engrsayful, jgb, flamingirl, leo.curator, sahil07, steem-holder, voxmortis, hungerstream, papadimos, midlet-yourleo, memeteca, zaku-leo, cmplxty.leo, letshodl, khalil319, franyeligonzalez, cfminer, zemiatin1, ldelegations, tonimontana.leo, akpofure, empoderat.leo, mindtrap-leo, laissez-faire, mk-sports-token, adamsidney, tonimontana.neo, haxxdump, limka, jk6276

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@abdullahyusuf · Sep 17 '20

its need to input a ETH address?

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@bagofincome · Sep 17 '20

I did claim them but when I tried swapping a part of UNI coins to ETH, the transaction had an error so it didn't go through. Sadly I lost gas fees. Then when I tried sending a part of UNI to Binance, the transaction got stuck so I decided to increase the speed but it didn't go well and the transaction failed again. Now I've lost more than 50$ on ETH but I still hope to swap a part of them because it would mean a lot!

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@ash · Sep 17 '20

yeah, took me several hours and $20 in fees to claim one adr... I will hold those UNI, so no stress on my side. but I can understand people rushing for the quick buck

👍 bagofincome

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@oldtimer · Sep 17 '20

$0.03

How long you can claim tokens? Is there a deadline?

Posted Using [LeoFinance](https://leofinance.io/@oldtimer/qgsery)

👍 ash

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@ash · Sep 17 '20

I don't think there is a deadline, it's a smartcontract. so should be available until you claim it, or Ethereum breaks :D

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@invest4free · Sep 17 '20

We’ll wait until the next bear market then 😅

I’m curious if the wLeo guys will have some trouble with the start of their liquidity pool because of this jump in gas fees.

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11 replies

@poshbot · Sep 17 '20

https://twitter.com/btsfav/status/1306461394892718080

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@poshbot · Sep 17 '20

https://twitter.com/KosaEruogun/status/1306484837197508609

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@poshbot · Sep 17 '20

https://twitter.com/MaxDavis888/status/1306567628035706880

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