{"id":459375,"date":"2021-03-23T18:56:17","date_gmt":"2021-03-23T18:56:17","guid":{"rendered":"https:\/\/wncen.com\/?p=459375"},"modified":"2021-03-23T18:56:17","modified_gmt":"2021-03-23T18:56:17","slug":"uniswap-v3-announced-for-may-5-best-dex-design-on-the-planet","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/uniswap-v3-announced-for-may-5-best-dex-design-on-the-planet\/","title":{"rendered":"Uniswap v3 announced for May 5, best DEX design on the planet?"},"content":{"rendered":"

The third iteration of the decentralized exchange Uniswap (v3) has a mainnet deployment date of May 5. The official announcement confirmed a highly anticipated feature, support for the second layer solution Optimism Rollups.<\/p>\n

This feature will be enabled at a later date. The official announcement focuses on another “groundbreaking new feature” that the Uniswap Labs team has dubbed Concentrated Liquidity Positions. This will allow users to:<\/p>\n

Rather than being required to allocate capital across the entire price spectrum from 0 to infinity, each LP is given full control over what price ranges they wish to provide liquidity to.<\/p><\/blockquote>\n

Another new feature is multiple fee tiers that will allow liquidity providers (LPs) to receive rewards relative to the amount of risk they take. The third iteration of the decentralized exchange will allow LPs to take advantage of “greater flexibility”.<\/p>\n

This will have multiple direct implications for liquidity providers: they will be able to participate with up to 4,000 times more capital efficiency than in Uniswap v2 and earn fees by limit order, according to the official announcement. Therefore, they will receive higher returns, Uniswap Labs’ team said:<\/p>\n

Capital efficiency paves the way for low-slippage trade execution that can surpass both centralized exchanges and stablecoin-focused AMMs.<\/p><\/blockquote>\n

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1\/<\/p>\n

\ud83e\udd84 Today we are thrilled to present a detailed overview of Uniswap v3, the most flexible and capital efficient AMM ever designed! <\/p>\n

\ud83c\udfc3 Mainnet launch is scheduled for May 5, with a scalable Optimism L2 deployment set to follow soon afterhttps:\/\/t.co\/NTekDxWVA8<\/a><\/p>\n

— Uniswap Labs \ud83e\udd84 (@Uniswap) March 23, 2021<\/a><\/p><\/blockquote>\n