Unveiled in March, Uniswap v3 aims to make the on-network exchange of tokens drastically more capital-efficient. As reported at the time, the design hones in on a capability called concentrated liquidity by which liquidity providers (LPs) can make markets within customized price ranges.
As The Block Research's Mika Honkasalo said during a post-announcement appearance on The Scoop podcast: "I think this is why Uniswap really had nowhere to go in their design except move towards this sort of active liquidity provision because that’s something that works with traditional markets."
In addition, the Uniswap team said that Uniswap v3 would be deployed at later date on Optimistic Rollup, a layer-two protocol intended to drive down transaction costs.
Data collected by The Block shows that Uniswap continues to be the dominant Ethereum-based decentralized exchange, pulling in approximately $51 billion in volume during the month of April.
The Block Research was commissioned by Forte to create “Blockchain-Based Gaming: A Primer” which provides a comprehensive introduction to how blockchain technology is being employed in video gaming experiences.
“It’s a global development.” On this episode of The Scoop, 10T Founder and CEO Dan Tapiero joined host Frank Chaparro to discuss his insights into the globalization of crypto markets and how his macro investing strategy has seen his fund 10T pour hundreds of millions into crypto unicorns. To date, Tapiero has already allocated the […]
The U.S. Securities and Exchange Commission is said to be allowing the first Bitcoin futures exchange-traded fund (ETF), per a Bloomberg report. The publication said in a report on Thursday night that the U.S. regulator “isn’t likely to block the products from starting to trade next week,” citing people familiar with the matter. The report […]