What will Uniswap v3 do that Sushiswap or Quickswap Cannot Do?

Can anyone explain how Uniswap being deployed on Polygon is bullish for underlying Uniswap token and ETH? This is expected to attract lot of retail traders.  Uniswap V3 going live on the Polygon network, brings in improvements to speed and gas costs on the popular AMM.

This question comes because, Uniswap expressed:  We’re excited to announce v3 has been deployed on OxPolygon. As a leading scaling solution, Polygon offers low gas fees and fast transactions, with over 3000 applications hosted and 1B transactions processed.

So, who are retail traders? Retail traders, often referred to as individual traders, who buy or sell securities for personal accounts.

For developers, a list of all the deployed addresses has already been provided for those who plan to integrate v3 into your Polygon apps.

For improved clarity, Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts.

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon is a Layer 2 scaling solution created to provide faster and cheaper transactions on Ethereum.

Community Response:  Can you help me understand why anyone will use ETH instead of Polygon or Arbitrum etc?  I wouldn’t use it. Why pay sky high fees. But, that doesn’t diminish my faith or belief in Ethereum.

For clarity, Arbitrum is a system which allows Ethereum participants to settle their transactions away from the Ethereum mainnet.

What will v3 do that Sushiswap or Quickswap cannot do? Efficiency for stable swaps, more controls for LPs. But most LPs don’t know how to take advantage of it so they are losing money.

Uniswap v3 offers significant improvements to the TWAP oracle, is the most powerful version of the protocol yet, with Concentrated Liquidity offering unprecedented capital efficiency for liquidity. Uniswap v3 release popularized the concept of leveraged liquidity provision –

Curious to see how fractured liquidity becomes between V3 on Layer 2’s vs V3 on Layer 1 vs V2. Anyway for Polkadot to pool fractured liquidity? Asking as a non-developer.

They will likely integrate cross chain liquidity aggregation infra like routerprotocol once mainnet drops.  There are proposals on how to share liquidity between L2s.

Tried to do a swap for the first time the other day using Uniswap. Trade was executed, never completed, but took all the gas fees.

 

 

 

 

 

 

 

 

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