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Thursday

22 April 2021

This is why Uniswap v3 could have “insane efficiency”

This is why Uniswap v3 could have “insane efficiency”


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However, the creator of Uniswap, Hayden Adams, claims there is much more to the update.

Comparing the second to the soon-to-launch iteration of Uniswap, Adams highlighted other advantages for the users, like the reduction in the amount of capital required to provide liquidity.

The liquidity providers (LP) will also be able to participate in a specific range for a trading pair to receive trading fees with the “same amount of impermanent loss”.

If WBTC/ETH LPs instead provided to the range of 0.0295 and 0.0454 on v3 they could create the same amount of liquidity and take on the same amount of impermanent loss with just 318/9.8 = $32m.

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