What are the improvements and new features in Uniswap v3 compared to the previous version?

1 answers

• Makbul RahmanJun 14, 2023 · 2 years ago
  Uniswap v3 introduces a range of improvements and new features that enhance the functionality and user experience of the platform. The introduction of concentrated liquidity allows liquidity providers to allocate their funds to specific price ranges, improving capital efficiency and reducing impermanent loss. Uniswap v3 also introduces multiple fee tiers, giving liquidity providers more control over their earnings. The introduction of positions as NFTs enables liquidity providers to manage and trade their liquidity more effectively. These changes make Uniswap v3 a more powerful and user-friendly decentralized exchange platform.
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