Will the launch of Uniswap v3 spark a new DeFi boom?

Will the launch of Uniswap v3 spark a new DeFi boom?


With the total value locked in decentralized finance on Ethereum now $89 billion, the market is eagerly waiting to see if the launch of UniSwap v3 could be the catalyst for DeFi’s next big bull run. 

Uniswap v3 promises advanced new features and opportunities for yield generation with its launch scheduled for May 5.

Uniswap is emphasizing three new features for liquidity providers — customizable capital deployment across a markets’ entire price curve in the form of concentrated liquidity, tiered market maker fees offering boosted returns for volatile pairs subject to impermanent loss, and cheaper access to oracles for improved data integrity.

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The expected reduction in Ethereum’s fees due to the EIP-1559 upgrade come July is also expected to boost v3’s value proposition, and the latest version of Uniswap will also launch on Optimism after the layer-two rollups solution goes live

With its new concentrated liquidity feature promising users’ unique and customizable yield products, a nascent DeFi sector specializing in tokenizing future

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