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Uniswap announced the launch date of the third version of the protocol

The launch of the third version of the leading non-custodial exchange Uniswap will take place on May 5.

The developers also promised to implement a second level Optimism solution for scaling shortly after the release of the new version of DEX.

One of the main innovations of the new puncture – “positions of concentrated liquidity” [Concentrated Liquidity positions]…

“Instead of distributing capital across the entire price spectrum from 0 to infinity, each liquidity provider gets control over the price ranges at which it wants to provide liquidity,” the developers commented on the innovation.

For example, a market participant might decide to provide liquidity for Ethereum only if the cryptocurrency is trading in a range of, say, $ 1,800 to $ 2,000. The developers are convinced that, thanks to the new approach, the activities of liquidity providers (LPs) can become more capital efficient.

The news is supplemented

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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