Uniswap upgrades on V4: This is new

Uniswap upgrades on V4: This is new

leading Dex protocol (Decentralized Exchange). Uniswap terminated his upgrade to Uniswap V4 on Tuesday and brings a variety of customizable functions into the protocol.

The team also provided the code design of the protocol as an open source solution to invite everyone within its ecosystem.

Uniswap V4: What is in it?

as divided by Uniswap according to Labs is the main innovation of the upgrades. Pool action can be executed ”.

in uniswapjeder liquidity pool has a life cycle in which a standard fee level is created, liquidity is added and removed and users replace token.

Hooks enable better adjustable liquidity within the pool by specifying code to take measures at certain points of the life cycle, for example before or after a swap or a change in the LP position. In Uniswap V3, the organization said that the life cycles were "coupled and executed in a very strict order.

"developers can also develop innovations uniswap" The liquidity and security of the protocol enables the creation of tailor-made AMM pools through hooks that can be integrated into the smart contracts of V4, "he wrote uniswap.

The possibilities of such contracts are diverse. Uniswap said that it is now planning to experiment with a "time -weighted average market maker" (twamm), which enables users to distribute a purchase order over a long period of time. It is similar to the automatic average of dollar costs-an investment strategy to distribute your own crypto investment over a longer period of time to protect yourself against temporary volatility.

The sky is the limit

The other functions include dynamic fees, on-chain-limit orders and the deposit of liquidity outside the area in credit protocols.

"But there are actually no limits," he wrote uniswap. "Since each pool is now defined by more than just the token and the fee level, we will see pools in all colors, shapes and sizes."

Uniswap has already provided a number of pattern hook contracts to help the hook framework and shared the early implementation of it with code .

The costs for the poolen position are also uniswap v4 it will also be reduced by 99 %, since all pools live in a single contract.

in April, uniswap officially existed $ 1.5 trillion trade volume.

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