Lots of people interested by crypto and blockchain were waiting for it, Uniswap v3 update is now LIVE.
What will this change ?
As you know it, the main problem while you use Uniswap is the fact that the gaz fees are pretty high. Indeed, the Blockchain is overloaded and that's why some protocols are not credible for the small portfolio. Only whale can take advantage of the DeFi on the Ethereum blockchain. People with little wallet (like me) can't take advantage of it, and that's such a shame.
The first change is about this point. According to developers, the fees will be reduced thanks to this update.
The second point is concerning the liquidity pools. Indeed, the liquidity providers will be rewarded 4 000 times more than in the past (still according to the Uniswap team).
How is it possible ? It seems that the team has found a way to avoid the impermanent losses, which is the main enemy of the farmers. I can't tell you how they made it but it seems that their promises are very high.
Are you excited about Uniswap 3.0 ?
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