The Uniswap team has been issuing teasers for its version 3 (v3) release, but no official launch date has been set. 4 minute read, 10 hours ago Uniswap V3 focuses on maximising capital efficiency when compared to V2. If you’re involved with DeFi, you’ve certainly heard the term impermanent loss thrown around in chat groups. Instead of the current 0.3% flat fee, V3 will introduce three tiers of fees for different pools – 0.05%, 0.3%, and 1%. Uniswap V3 is meant to tackle some of these bottlenecks, particularly the liquidity problem and gas costs. Beyond the interview, this week we dissected the much-hyped launch of Uniswap V3.There’s also fresh deep-dives on PancakeSwap, Yearn, Avalanche, and Cross-Chain Liquidity.Oh, and there’s a new macro report on treasuries, bonds, … Uniswap v3 introduces a new multi-tier fee model with LPs having the ability to earn 0.05%, 0.30%, or 1% of transactions. Yearn Finance developer ‘banteg’ queried the token swap quoting system which also offers quotes from the previous version with a button that says “get a … Optimism leverages Optimistic Rollups, a Layer 2 solution that aims to make Ethereum more scalable. The more users on the network, the harder the stress tests and traded volumes. The launch of Uniswap v3 has been one of the most eagerly awaited events in … So far, we’ve taken a closer look at Uniswap V3’s pools, along with its total value locked (TVL) and virtual liquidity levels. Went on Uniswap V3 today and tried to trade 25 of my 195 cardstarter (CARDS) tokens today for 38 liquity (LQTY) tokens. At the time of press, Uniswap’s native UNI token was trading up 2% on the day at $42.32 according to Coingecko. This feature is also advertised as a relative solution to ‘impermanent loss’. Uniswap’s governance token gained 50% in a week to surge past Litecoin and Chainlink into the top 10, with Ripple’s XRP the next in sight. I believe we might hear something about this during october if things aren't getting delayed as much. Uniswap Labs is scheduled to release the Uniswap Protocol v3 on Ethereum mainnet on 5 May, 2021 according to their recent update. 4 minute read, 18 May 2021 Uniswap’s third iteration also includes a new feature that allows for the creation of unique pools with different fee dynamics. According to creator Hayden Adams Uniswap V3 is going to fix everything and by that i think hes literally referring to Layer 2 solution that has been available as demo for some time now, the reason i believe that is due to the fact that biggest issues are speed & fees. The introduction of advanced oracles, which further strengthens the technical architecture of the protocol, is likely to reduce the gas cost to Uniswap traders for keeping oracles updated by ~50% compared to v2. Uniswap V3 swap volume. Included in the new Uniswap white paper is a “business source license” that acts as a time delay against would-be copycats. Popular decentralized exchange (DEX) Uniswap has deployed its V3 core contracts to all Ethereum testnets ahead of of their 5 May mainnet launch, Uniswap said in a tweet on 21 April.. After two years, it will convert to a GPL license in perpetuity. Nothing on this website should be construed as a recommendation for any action. This article will explain … Social media channels have been flooded with an issue where Coinbase wallet throws a blank page upon accessing the Uniswap interface. This week, Uniswap detailed its plans to move onto the solution following its V3 update. For more details, please see the Terms of Use of the SwissBorg app. Another teaser has emerged from the Uniswap Labs team depicting an animated video alluding to its version 3 launch. https://www.binance.com/en/register?ref=FQ19HB2R, https://www.mxc.ai/auth/signup?inviteCode=13vqq, https://mooniswap.exchange/#/swap?r=0xe17AebeBf7f3e07E1329C162b5dB97bB91Dfd959. The DeFi platform had a stellar February in which it set a new record after another in trading volume, with the upcoming v3 upgrade also playing a big part. More docs will appear here in the coming weeks, including overview and advanced concepts, guides, and explorations of design decisions. SwissBorg Solutions OÜ is the owner of the license: FVT000326 (link). The larger the difference, the bigger the loss. 20 Sep 2020. Back then there wasn't liquidity pool support nor method to deposit tokens in there. Uniswap v3 teething pains. Justifying Laszlo Hanyecz’s 10,000Btc Pizza fee. Lot of the evidence really suggests that they are nearing the completion of V3 and its going to be supporting layer 2 mechanisms, whatever it will be branded Uniswap V3 or Uniswap layer 2 remains to be seen in the near future. Lot of the evidence really suggests that they are nearing the completion of V3 and its going to be supporting layer 2 mechanisms, whatever it will be branded Uniswap V3 or Uniswap layer 2 remains to be seen in the near future. Went on Uniswap V3 today and tried to trade 25 of my 195 cardstarter (CARDS) tokens today for 38 liquity (LQTY) tokens. Improved oracle feeds for faster and cheaper price checks, thanks to the keeping of a cumulative record of previous inquiries. The market has been eager for this new version of Uniswap, and the time of the launch is seemingly fortuitous, as v3 makes its debut in the middle of a bull run for the DeFi space. Elon Musk Can Make BTC Crash❓Where Did The Stability And Preservation Of BTC Go❓, Scalability to 200 TPS (+100% with sharding methods), Near gas free transactions or purely free. Keen to invest in Uniswap? After 6 weeks, the Uniswap v3 bug bounty has returned no major findings. Uniswap V3 Introduces New License to Spoil Future SUSHIs. By LiteLiger | Unfortunately, these updates are largely uninteresting to the average user. The implementation of Optimism's layer-2 solution is also set to substantially reduce fees on the Ethereum network, which is the number one priority for average users. As for solving scaling issues, Hayden discussed launching Uniswap v3 on both the main Ethereum network and a second-layer solution such as Optimism’s Optimistic Rollups, then seeing which platform works the best over time. Uniswap has licensed the third iteration of its code bank in an apparent move to ward off would-be copycats. So let’s dive into what we can expect from V3. He attributed the launch of the decentralized exchange to Dan Robinson’s research and other Uniswap team members and the growth of the platform to the users. “Agreed on L2 – would be great to get a Uniswap deploy optimistic rollup by end of year.” Uniswap V3 is not open-source to prevent duplication of the upgrade on other platforms. Uniswap V3 is the exchange’s next upgrade, and is needed for scalability. "With this in mind, Uniswap v3 Core will launch under the Business Source License 1.1 – effectively a time-delayed GPL-2.0-or-later license. ... there is a 7 day voting period and 2 day time lock delay on execution. For the time being, these pages contain information on the Uniswap v3 Core smart contracts. With this in mind, Uniswap v3 Core will launch under the Business Source License 1.1—effectively a time-delayed GPL-2.0-or-later license. However, that’s not all. Additionally, governance can allocate 10% to 25% of LP fees to token holders on a per pool basis. and Terms of Service apply. LiteLiger Blog Uniswap was launched in November 2018 as a proof-of-concept for automated market makers. | It is possible that the lack of scaling in the initial launch has burst the bubble for those hoping for major gas relief. Optimistic Rollups run on a sidechain to Ethereum, and they offer the composability that allows DeFi protocols to work like so-called “money legos.” Get the latest product updates, news and analysis from the SwissBorg team, Rue du Grand-Chêne 8, 1003 Lausanne Switzerland, Rue du Grand-Chêne 8, 1003 Lausanne, Switzerland, Roosikrantsi tn 2-1091,Kesklinna linnaosa, Tallinn, Harju maakond 10119, Estonia. While the DEX has improved considerably over the years, there is huge scope for improvement especially in terms of flexibility. Per the cryptocurrency influencer, Visor Finance is offering a solution to a problem that Uniswap v3 will pose to passive liquidity providers (LPs) whereby LPs may not be able to compete on a level playing field against each other. If playback doesn't begin shortly, try restarting your device. I Could even argue we might see above 15$ valuation at some point for the token due to the sheer fact how big Layer 2 is going to make the ecosystem. This allows LPs to approximate the shape of any order book or automated market maker. Uniswap has licensed the third iteration of its code bank in an apparent move to ward off would-be copycats. Included in the new Uniswap white paper is a “business source license” that acts as a time delay against would-be copycats. Well one point people aren't discussing or mentioning is the fact that since Late 2019 Uniswap has been working on their own Layer 2 solution with Plasma team and nobody seems to know about it? If the Uniswap token is going to play a part in the ecosystem of layer 2 mechanisms, we can expect lot more from it in the future. Get FREE CRYPTO Just for Tipping this Article. After the $UNI stimulus people have been talking constantly about Uniswap and how it has basically grown so much in the past months. This means Uniswap V3 will be … In the previous version of Uniswap (V2), LPs were forced to provide liquidity across the entire price curve, regardless of volume. Uniswap v3 launched on May 5th, 2021, and has grown to ~80% of v2’s trade volume after its first week-plus of operation. The upgrade does away with this one-size-fits-all approach in an attempt to rectify an inefficiency. For instance, an LP can allocate $100 to the $1,000-$2,000 price range and an additional $50 to the $1,500-$1,750 price range in an ETH/DAI liquidity pool. Addressing the issue of LP capital efficiency, Uniswap noted that V3 will possess the same liquidity depth as V2 within specified price ranges but will instead have far less capital at risk. Here is a screenshot of the working prototype known as Unipig.Exchange you can try the demo yourself if you so desire. Uniswap’s oracles have also improved the efficiency of time-weighted average prices (TWAP) by making the integration cheaper than before. Last week, a new unicorn appeared on the crypto scene as Uniswap unveiled version 3.0 of its popular decentralized exchange on Wednesday, May 5. The upgrade introduces multiple fee tiers, allowing LPs to be well-compensated for taking on varying degrees of risk. In V2, all transactions had a standard 0.03% trading fee. As such, Uniswap V3 features multiple fee tiers, which enable liquidity providers to be properly compensated for varying degrees of risk within given parameters. Uniswap V3’s code, while still open source for anyone to view, will require a license to use it in a commercial or production setting. Most of the features revolved around improving the user experience, fixing exploits, and optimizing the protocol. The swap interface now routes trades through Uniswap v3 and will alert you when a better exchange rate is available on Uniswap v2. This site is protected by reCAPTCHA and the Google Traders. 16 hours ago “Uniswap v3 Core will launch under the Business Source License 1.1—effectively a time-delayed GPL-2.0-or-later license. uniswap v3 delay. The team announced the time-delayed license for Uniswap v3. Right now this demo version works with only swapping between the two tokens, which was launched back in 2019 as shown in the Uniswap official twitter timeline.