DeFi Pulse: Uniswap-V3 Edition

Uniswap-V3 is the third iteration of the Uniswap protocol, which is a decentralized finance (DeFi) application on the Ethereum blockchain. It allows users to swap various cryptocurrencies without the need for a centralized party. Some key features of Uniswap V3 are: Concentrated Liquidity: Liquidity providers can allocate their funds to specific price ranges, increasing capital efficiency. Multiple Fee Tiers: This allows liquidity providers to be compensated based on the risk they are willing to take. -Advanced Oracles: The new oracles provide time-weighted average prices, which are more accurate and cheaper to integrate. Improved User Interface: The platform aims to offer a better user experience for both traders and liquidity providers. Uniswap V3 has introduced significant improvements over its predecessors, making it a powerful tool for DeFi developers and users, and it supports a substantial portion of the total decentralized exchange (DEX) trading volume. Each query here paints a picture of a decentralized marketplace that’s as alive and dynamic as the very cryptocurrencies it trades. Read more : https://blog.uniswap.org/uniswap-v3. https://uniswap.org/whitepaper-v3.pdf.