{"id":85746,"date":"2023-10-16T10:21:42","date_gmt":"2023-10-16T07:21:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=85746"},"modified":"2025-09-13T01:12:15","modified_gmt":"2025-09-12T22:12:15","slug":"community-criticises-uniswaps-kyc-function","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/community-criticises-uniswaps-kyc-function\/","title":{"rendered":"Community criticises Uniswap\u2019s KYC function"},"content":{"rendered":"<p>In the repository of the fourth version of the decentralized exchange Uniswap <a href=\"https:\/\/uniswaphooks.com\/components\/hooks\/community\">\u043e\u0431\u043d\u0430\u0440\u0443\u0436\u0438\u043b\u0438<\/a> a function that allows configuring the <span data-descr=\"Know Your Customer \u2014 know your client\" class=\"old_tooltip\">KYC<\/span> verification procedure. The community saw risks in this.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u2764???<\/p>\n<p>Disappointing NEWS:<\/p>\n<p>Uniswap is bringing out KYC Verification in the form of a Hook for Uniswap v4.<\/p>\n<p>UniswapX is also using a &#8220;permission required&#8221; off-chain server.<\/p>\n<p>It starts as an &#8220;option&#8221; and then we all know how it ends\u2026<\/p>\n<p>Uniswap is Fake DeFi. <\/p>\n<p>?????? <a href=\"https:\/\/t.co\/1h0BqOsufd\">pic.twitter.com\/1h0BqOsufd<\/a><\/p>\n<p>\u2014 yourfriendSOMMI \u2764\ufe0f??? (@yourfriendSOMMI) <a href=\"https:\/\/twitter.com\/yourfriendSOMMI\/status\/1713184911698645320?ref_src=twsrc%5Etfw\">October 14, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abUniswap \u2014 \u0444\u0435\u0439\u043a\u043e\u0432\u044b\u0439 DeFi. [\u2026] \u0412\u0441\u0435 \u043d\u0430\u0447\u0438\u043d\u0430\u0435\u0442\u0441\u044f \u0441 KYC-\u0444\u0443\u043d\u043a\u0446\u0438\u0438 \u0434\u043b\u044f \u043f\u0443\u043b\u043e\u0432 \u043b\u0438\u043a\u0432\u0438\u0434\u043d\u043e\u0441\u0442\u0438. \u0417\u0430\u0442\u0435\u043c \u043e\u043d\u0430 \u043f\u0440\u0435\u0432\u0440\u0430\u0449\u0430\u0435\u0442\u0441\u044f \u0432 \u0431\u0430\u0437\u0443 \u0434\u0430\u043d\u043d\u044b\u0445 \u043e\u0434\u043e\u0431\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u0440\u0435\u0433\u0443\u043b\u044f\u0442\u043e\u0440\u043e\u043c \u0431\u0435\u043b\u043e\u0433\u043e \u0441\u043f\u0438\u0441\u043a\u0430, \u0440\u0430\u0437\u043c\u0435\u0449\u0435\u043d\u043d\u0443\u044e \u0432\u043d\u0435 \u0441\u0435\u0442\u0438\u00bb, \u2014 \u043d\u0430\u043f\u0438\u0441\u0430\u043b \u043e\u0434\u0438\u043d \u0438\u0437 \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439. <\/p>\n<\/blockquote>\n<p>The so-called \u201chooks\u201d are tools that allow developers to configure code without changing the core structure of the application. In Uniswap, the KYC hook is integrated into DeFi protocols to authenticate customers and assess related risks using non-fungible tokens.<\/p>\n<p>A community member with the nickname TheBattlestation <a href=\"https:\/\/twitter.com\/bobthebobnes\/status\/1713219852393935277\">noted<\/a> that the new feature is specific to liquidity providers and could be useful for projects that must comply with regulatory requirements in certain jurisdictions.<\/p>\n<p>Earlier, Rostin Benam<a href=\"https:\/\/u1f987.com\/en\/news\/cftc-chief-urges-oversight-of-defi-projects\"> stated<\/a> the advisability of regulating DeFi protocol activity. He compared the industry\u2019s situation to that of an unlicensed physician.<\/p>\n<p>Head of Enforcement at the <span data-descr=\"The U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> David Hirsch <a href=\"https:\/\/u1f987.com\/en\/news\/sec-threatens-centralized-exchanges-and-defi-projects\"> warned<\/a> that the agency is examining DeFi project activity for possible violations of the law.<\/p>\n<p>The whitelist function also faced criticism, but opinions in the community were divided. Some believe that without KYC in 2024 the DeFi sector will have a hard time surviving.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">KYC is needed if defi is to survive in 2024<\/p>\n<p>people getting too crazy with this freedom crap, time for cooler government minds to prevail<\/p>\n<p>\u2014 In the 2nd millennium, there is only corn (e\/aut) (@itsjustcornbro) <a href=\"https:\/\/twitter.com\/itsjustcornbro\/status\/1713487508099461236?ref_src=twsrc%5Etfw\">October 15, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00ab\u041b\u044e\u0434\u0438 \u0441\u043b\u0438\u0448\u043a\u043e\u043c \u0441\u0445\u043e\u0434\u044f\u0442 \u0441 \u0443\u043c\u0430 \u043e\u0442 \u044d\u0442\u043e\u0439 \u0447\u0443\u0448\u0438 \u0441\u043e \u0441\u0432\u043e\u0431\u043e\u0434\u043e\u0439, \u043f\u0440\u0438\u0448\u043b\u043e \u0432\u0440\u0435\u043c\u044f \u0431\u043e\u043b\u0435\u0435 \u0445\u043e\u043b\u043e\u0434\u043d\u044b\u043c \u043f\u0440\u0430\u0432\u0438\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u0435\u043d\u043d\u044b\u043c \u0443\u043c\u0430\u043c \u043e\u0434\u0435\u0440\u0436\u0430\u0442\u044c \u0432\u0435\u0440\u0445\u00bb, \u2014 \u043d\u0430\u043f\u0438\u0441\u0430\u043b \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u044c X. <\/p>\n<\/blockquote>\n<p>An opponent <a href=\"https:\/\/twitter.com\/Kryptarion1\/status\/1713608748323766782\">advised<\/a> him to get a job at \u201cMcDonald\u2019s\u201d if he is so concerned about freedom and privacy.<\/p>\n<p>Back in July, Uniswap Labs <a href=\"https:\/\/u1f987.com\/en\/news\/uniswap-labs-unveils-uniswapx-liquidity-aggregator\">introduced<\/a> the liquidity-aggregation protocol for decentralized exchanges, UniswapX.<\/p>\n<p>Subsequently, the platform developers <a href=\"https:\/\/u1f987.com\/en\/news\/uniswap-unveils-mobile-wallet-for-android\">created<\/a> a crypto wallet for the Android operating system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the repository of the fourth version of the decentralized exchange Uniswap, a function was discovered that allows configuring the KYC verification procedure.<\/p>\n","protected":false},"author":1,"featured_media":85747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1292,1391],"class_list":["post-85746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aml-kyc","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/85746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=85746"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/85746\/revisions"}],"predecessor-version":[{"id":85748,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/85746\/revisions\/85748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/85747"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=85746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=85746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=85746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}