Hi defi guys.
According to below link, current gas fee for uniswap V3 adding liquidity is around $20.
If I want to add $5k worth of eth and $5k worth of uni to eth/uni pool and remove it all after 10 days, with a total claimed fee of $100.
I should pay $20 for adding liquidity and $20 for remove LP and $20 for claiming fees earned?!
Is it right? Or any workaround to lower fees?
> I should pay $20 for adding liquidity and $20 for remove LP and $20 for claiming fees earned?!
Yes.
> Is it right? Or any workaround to lower fees?
– Use alternative blockchain for Ethereum mainnet.
– Don’t use Uniswap v3
Generally, Ethereum mainnet is a whale chain and playing around there with $5000 will get your budget eaten to the gas fees quickly.
people will come in here and shill their favorite alt L1, L2, or sidechain. just pick one that has good TVL and good uptime and interact with your LPs on there.
Just use Arbitrum. It’s fast, it’s cheap, and you get to use your native ETH with Uniswap as before.
Yeah, fuck ETH. Switch to Solana & don’t look back.
Stop using Ethereum and move to Polygon, Fantom or Q Blockchain.
I’m no whale, I don’t do ETH anymore. I spend more on gas than what I buy. hahaha