BitAngels: Upcoming Events and Thoughts on Uniswap v3/DeFi Investing
CommPRO Editorial Staff
- KingSwap
- Technicorum Holdings
- Thetechlauncher
- HaloDAO
REGISTER NOWUniswap v3 is Coming and How It Could Change DeFi InvestingThoughts from BitAngels Senior Analyst, Gavin KnightThe DeFi space has been booming to say the least. It seems like every day a new AMM (automated market maker), staking or other solution is launched. Uniswap was the core foundational project that helped launch DeFi on Ethereum. It’s often easy to have an investment thesis to invest in the next and new innovative product, but Uniswap is still innovating. With their governance token moving about 10Bn they’ve got some budget to spare. So it’s important to take into account these features which can easily beat out the competition with the sheer traffic and attention Uniswap gets. So for the next project you evaluate, take this into account and think what’s different about their product. The full details can be found here: https://uniswap.org/blog/uniswap-v3/Uniswap v3 offers
- Concentrated liquidity, giving individual LPs granular control over what price ranges their capital is allocated to. Individual positions are aggregated together into a single pool, forming one combined curve for users to trade against
- Multiple fee tiers , allowing LPs to be appropriately compensated for taking on varying degrees of risk
Explained in depth in the blog post.Source: Blockchain Wire