New Uniswap version promises higher returns

The Uniswap developers have revealed details of the upcoming upgrade. With an improved liquidity system, investors should benefit from higher returns.

In the course of the hype about decentralized finances (DeFi), the liquidity protocol Uniswap prevailed over the competition and earned the place as the largest decentralized exchange (DEX). Over 90 percent of all DEX transactions are included in the overall rating. Around 20 percent of all smart contract transactions based on Ethereum can be traced back to Uniswap , which is largely responsible for the usury of fees at Ethereum. The stock exchange has become an indispensable part of the crypto ecosystem. The new version should equip the top dogs for the future and enable higher returns for investors.

Uniswap before a change of scenery

On March 23, published the Uniswap developers details on the new version. Specifically, the third version of Uniswap should improve the functions of the liquidity pool.

So far, investors have had little influence on the framework conditions. That should finally change with the new version. In the future, investors will be able to determine the conditions under which their capital is released and thus generate higher returns. The developers speak of an “up to 4,000 times capital efficiency” compared to the current version.

The concept behind it is called “Concentrated Liquidity”. In future, investors will be able to use Uniswap to determine “in which price ranges their capital will be allocated”. This also allows you to earn more in the trading fees incurred with:

Trading fees taken in a given price range are prorated by LPs in proportion to the amount of liquidity they have contributed to that range.

The release of the new Uniswap version is planned for May 5th.

Comments

The 5 largest platforms for non-fungible token (NFT) collectibles

Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day. More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream. But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token. Any asset that is tokenizable can be an NFT. This includes, for example, (digital) works of art, trading cards, game items and crypto domains. Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain. This allows them to store value just like real objects, even if additional copies are easy to make. For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...

Cardano: This is the vision that founder Charles Hoskinson has

The Altcoin Cardano has tended to decline in recent weeks. The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment. Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency Cardano has had a difficult few months. While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months. Cardano is faced with some difficulties. The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment. The upgrade should make it possible to use smart contracts on the cryptocurrency as well. It soon turned out, however, that although these were entered into Cardano,...

Cryptostreet

Search This Blog