JINQIAN Review of the sensational event, Uniswap Formation of LP Strategies carry risks
2026-09-03 00:01:46
According to CoinMeta, on September 2nd, the bearish narrative on the Robinhood chain regarding the JINQIAN / FAMI pair was denied by the parties involved, and the speculation on the chain came to an end. During the period when the market value of JINQIAN rose from 7 million US dollars to 60 million US dollars, the trading pair JINQIAN / ETH on Uniswap reached a peak of 83832%, and it is currently at 79708%. The trading pair JINQIAN / USDG has a fee rate of 6%, with an annualized APR of 126440%. Traders earn fees by setting up one-sided liquidity pools and selling JINQIAN, which carries a higher risk-reward ratio than simply holding the tokens. Currently, there are more scams on the chain, and creating popular meme cryptocurrencies LP cannot avoid the risk of token price fluctuations.
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Source:Internet
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