Uniswap launches V4 Defi Protocol!

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vlemon14.8 K7 months ago2 min read

Hi HODLers, Hiveans and Lions,

https://img.inleo.io/DQmRyfcu8Y33eRTtTNnDy3bw6vDFyYZT7vATLMB5rL4guy6/image.png

Ethereum decentralized exchange Uniswap launched its V4 platform Friday, building upon previous versions by making liquidity pools cheaper and unlocking new development opportunities for builders in the industry.

https://img.inleo.io/DQmanaBh5CjgjWFYDUW31HtM5bUDRyud4xV74QxPgN2mwUr/image.png

The Uniswap v4 is now live on 12 chains including Ethereum mainnet and layer-2 networks like Arbitrum and Base, plus the likes of Avalanche and BNB Chain.

Apparently, it should have a 99.99% reduction in costs for liquidity pools but that's not all Uniswap V4 grants developers and protocols new opportunities thanks to the introduction of a lot of different options for developers and traders to play with.

See below 2 examples enabled by the V4:

  • A dynamic fee hook could enable automatic fee adjustments based on market conditions,
  • an auto-rebalancing hook would allow for consistent rebalancing and optimization of a liquidity position.

β€œFor chains, V4 offers a pathway to supercharge the growth of their DeFi ecosystems and support their developer communities. For protocol teams, V4 enables a way to improve user experience, and to differentiate themselves. And for developers, V4 provides a platform to build powerful new DeFi applications,”

$UNI Token Price

https://img.inleo.io/DQmSmM4Jtvrzme8L5DHxCiFg2FJ3YcWyfGhVY5gG7vUCgxh/image.png


Stay safe out there,



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