@ZeroRequiem 12 November 2022 edited more from that month

Report claims that 97% of Uniswap tokens are Scams Hey Peeps!

A report, that recently made the rounds on Twitter, claims that about 97% of tokens launched on Uniswap are either scams or malicious.  https://arxiv.org/pdf/2201.07220.pdf https://app.uniswap.org/#/swap This report was written in January 2022, and published within the Multidisciplinary Digital Publishing Institute in March of 2022.  https://www.mdpi.com/2227-7390/10/6/949 Approximately 27,000 tokens were analyzed by the researchers, and they determined that just 631 were non-malicious.    "*To do this, we collected all Uniswap data until 03/09/2021 by directly interacting with the Ethereum blockchain. Then, we labelled different tokens as scam, malicious and non-malicious tokens using various relevant features of the smart contract and the liquidity pool state. We manually observed different ways of executing the rug pull, proposed a rug pull classification, and observed new complex forms of performing the theft. Moreover, we have observed a further usage of the Uniswap protocol to send ETH 2 unnoticed for most common tracking protocols. Finally, we propose new features of tokens, liquidity pools, and the transaction graphs; and a new framework to predict the probability of a liquidity pool becoming a rug pull or a scam in the future.*" - **Bruno Mazzara**, **Victor Adan**, and **Vanesa Daza** (via their Report)

Twitter went a little wild with this news, but Mark Zeller (VP of the DeFi committee at L’Adan), chimed in with a different viewpoint.  He compared this situation to France and how they allow companies to be created with just €1.  Even though this allows for bad actors to launch companies, it also allows for truly amazing and revolutionary companies to be created and brought to market.    "*less friction and lowering requirements have drawbacks. but I side with liberty, accepting the personal responsibility of risks.*" - **Mark Zeller**   I tend to agree with Mark Zeller, as I believe that each individual has a responsibility to themselves to do their own research and make their own decisions. In my opinion, this freedom significantly outweighs the inherent risks.   **How has your experience been on Uniswap?** **Have you ever been scammed?** See ya! :)