Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Uniswap => Topic started by: Centus on June 19, 2021, 02:28:00 PM
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The new system will rebalance Uniswap v3 positions every half hour, allowing users to reap additional fees with less single-sided liquidations. While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools — a problem that a new product from the Gelato Network is aiming to fix.
First teased in a community call last week, the Gelato Network has released today the details of their “G-UNI” Uniswap v3 management system. G-UNI aims to perpetually maintain a liquidity range of 5-10% within the current price of an asset pair, with an oracle network checking prices and rebalancing liquidity pool position ranges every half hour. G-UNI also automatically re-invests trading fees for compounding returns.
Source: https://cointelegraph.com/news/gelato-network-launches-g-uni-uniswap-v3-management-token