Uniswap V3 Explained - Concentrated Liquidity, NFT LP Tokens, Licensing…
Вставка
- Опубліковано 16 чер 2024
- Uniswap v3 comes with some massive changes, including a new powerful tool for liquidity providers called Concentrated Liquidity.
Automated Market Makers (AMM): • What is an Automated M...
Decentralized Exchanges (DEXes): • What is a DEX? How A D...
Yield Farming Methods: • What is Yield Farming ...
Impermanent Loss: • What is Impermanent Lo...
Join our exclusive discord community:
/ discord
Explore More Whiteboard Crypto:
Facebook: @whiteboardcrypto
Instagram: @whitreboardcryptoteam
Website: whiteboardcrypto.com
There was an error in this video's script! Around 6:30, I said that if the ETH goes below $3000 that the LP would be left with USD...and if the price went above $4000, the LP would be left with only ETH. The truth is these are reversed, the LP would have all ETH if the price went under $3000 and only USD if the price went above $4000. Thanks to other commenters and GigaYoshi in our Discord group for pointing this out!
yeah.. i came here to learn about that exact thing as i was confused... this hasn't helped..
Make a video on uniswap v4
CAN YOU MAKE NEW VIDEOS PLEASE WE MISS THE CHANNEL.
Je fais d'énormes profits sur mon investissement depuis que j'ai commencé à trader avec Mme Kate Charles, ses stratégies de trading sont de premier ordre
wow .. incroyable de voir d'autres qui échangent avec Mme Kate Charles, j'en suis actuellement à mon 5ème échange avec elle et mon portefeuille a énormément augmenté.
J'investis aussi avec Kate, elle facture une commission de 20% sur les bénéfices réalisés après chaque séance de trading, ce qui est juste par rapport aux efforts qu'elle a déployés pour réaliser d'énormes bénéfices
Ce n'est pas la première fois que j'entends parler de Mme Kate Charles et de ses exploits dans le monde du trading mais je ne sais pas comment la joindre
Sur Tele gam
@ investwithkate
Great videos. All the examples makes it easier to understand. I make sure to watch the Ads to help out the channel.
Appreciate you and your team, I will watch every video for confirmation on my conviction picks, thank you
Great video. So easy to understand for a beginner like me!
great work! see you in the next video!
I think there may be an error at 6:30. If the price of ETH goes below the lower limit ($3000 in the example) the LP will be left only with their ETH and without any USD. Respectively if the price goes above $4,000, the LP will be left with only USD and no ETH. This is unfortunately not the desired effect that is described in the video. LPs take the risk of being stuck with the asset that is losing its value if the trading price goes out of range. That is because they provide the liquidity for market participant to move out of that asset. LPs only make money if the asset stays in the range. Or if they are patient enough and believe that in the long run the trading will be mostly in the range with only short term out of range trading. Please correct me if I'm wrong.
Was going to ask the same question - it basically sounds like buying high and selling low
wouldn't what u described as buy ETH when price goes below $3000 and sell ETH when price is above $4000, be equivalent to the idea of buying low, selling high? then wouldnt it actually be a desired effect and not an undesired one? Sorry im new to crypto so I may be a lil ignorant abt this..
@@ahpootpoot7586 you're not actually buying,cause you're providing the liquidity already ,what you're doing is you're buying the token that dumped below the 3000$ and you're selling the token that pumped at 4000$
@@aadithnarayanan5458 you & @ahpoot basically saying the same thing, and both of you are correct
@@underdogg8240 Exactly. You need to have a higher level of confidence about the price range and actively manage the position to minimize impermanent loss.
Your idea for v4 …having the uni incentive token “buy itself” will be implemented on the new PulseX DEX ! It’s interesting that you mentioned it here…way back in 9/2021. GreAt video as always. I’m learning so much from you
How you described uniswap v4 at the end is basically what Celsius and CELs fly wheel is. Would love a video on that! 10 videos deep. Love your stuff.
First of all I must say, that I really enjoy your videos. Vids like your explanation of the AMM and LP are amongst the best and simplest explanations I've ever found on those topics. Here however, this topic still has so many question marks for me, and I feel that it really needs an in depth explanation. How exactly is liqudity allocated in normal pools? I doubt it's 0 to infinity, because, well, that doesn't make sense mathematically. How does this concentration affect the risk of impermanent loss? Are the multipliers really that high because of capital efficiency or is it mostly just the fact, that there are people who are in the pool but don't earn fees anymore? If everybody concentrates on the profitable price ranges, what happens, when the pool leaves those ranges? wouldn't it collapse? I would totally enjoy if you can get into those questions in a later video! Thank you so much for all the great vids you've done!
Great work, I really appreciate your efforts :)
Me too
Great video...very underrated channel
Like ... like always.. thanks for the class.
Thank you very much
Great video
Great explanation.
Thank you
At the end of the video you literally described the PulseX “buy and burn” which is the exchange on the pulseChain. A portion of every transaction go towards market buying pulseX and then burning it. So holders of pulseX profit off of every transaction. Looking forward to you pulsechain/pulseX video
Great work guys!
Can you please share some tips on how you're promoting your channel?
Thanks
In Uniswap V2 the money is not evenly spread between 0 and infinity. If this was the case, your money would disappear, as there are infinite points between 0 and infinite. The money is spread across a large range, but not evenly, instead accordingly to a bond curve. You also got the sell and buy orders of the Ethereum example on the opposite way of what they really are. If the price falls to 3000 you buy Ethereum and if rises to 4000 you sell it. Additionally, I am not sure there would be just a little bit of impermanent loss.
great video
Great video!
@Whatsàpp➕❶❼❻⓿❽❺❽⓿⓿❺❷ I NEED to learn more about Bitcoin
Do a video on Paxful or similar p2p marketplaces. I’ll soon finish all your videos took me 3 days. Great work.
quick question... are the farming rewards paid in BOTH tokens or can you choose which you want to be paid in?
Is uniswap V4 not almost the same what fibswap has with reflections?
Would love to see a video about fibswap when it's more finished. Very complex and at the very beginning.
In Uniswap V3, When the price for the token dips below a particular threshold the tokens get sold at that price point. (1) If the price point again moves up to the range would the liquidity pool be re-initiated or it needs to be manually done? (2) I heard that V3 is launched on Polygon (L2), how does this change now on Polygon and would ETH token still be needed?
Time for V4 ❤🎉
I don't quite understand the NFT part on Uniswap.
Can you please do a video on that?
Awesome video! How come the USDC - DAI Capital multiplier is so high (200x)? At face value seems like a ton of reward for very little risk
I have a question, it seems to me that this multiplier will be much much lower in the future, especially for stablecoin pool. If I'm the only one to put my money in a specific range while all other investor choose to invest equally in all range my reward will be significantly higher course my share on that range is higher, however if this becomes a normal way to do things most of the people will do the same range basically reducing my share on that range, I imagine a gauss function centered on the actual ratio. I don't know if I can change constantly my range without fees, in that case it transform liquidity mining in to a soft form of trading. In Stablecoin pool this fenomena will evaporate multiplier for obvious reason. Maybe I'm wrong, I don't know if I got the point. Thanks in advance.
You make an excellent point - free markets will always seek supply/demand equilibrium so, I suspect your scenario is exactly what will play out.
Great content Dude! Which software did you use to make all these animations?
Simply excellent work! A big round of applause...
There is some channel using your exact Videos with his voice!
Great explanation, I finally get it!! The last wish you mentioned for a potential uniswap v4 to have is actually being done with the Pulsechain dex (PulseX)with its buy and burn mechanism that decreases the supply of its coin which eventually increases its value
Hi, if I create a pair of tokens on V3 Uniswap but that pair is not as one of the existing pairs listed, will it still work?
I have a question: How do you lock 🔒 liquidity on v3?
If you got a price range, one of the two tokens crash, the two tokens all convert back into one token, what happens if the price recovers to your price range? Does is split back into the two tokens or does it stay as one token?
Bull with huge balls, I love your videos. haha
What’s happening at 8:52 ? Thought my phone rebooting.
Have you done one for V4?😊
this is fucking high quality.
Edit: at 5:38, you said if the price of Eth drops, it will all become Eth. but at 6:29, you said "sell all my eth"when eth price drops - which i assume you will get more usdc? so which is right? or am i misunderstanding something?
If you go over the edge you will always hold the token less valuable. Imagine you put your money into the DAI USDC pool, with the price range 0.99x to 1.01x if for example DAI looses its users trust and starts moving away from the dollar value, people will come to the pool and sell their dai for usdc making you buy the now worthless DAI. This goes on until all the USDC you provided get lost.
i wanted to ask the same question, i don't get it.
Which version do I use to buy live pair on DEXTools
Zombie World Z is one of pioneer-games applying metaverse combining virtual reality (VR) on the BSC, towards a game economy of the actualization with play-to-earn
When uniswap uses a formula to calculate the price for something like eth/usdc how does uniswap price stay in sync with other normal order book exchanges?
With arbitrage traders. People who see the difference in value between multiple platforms and use it to make a profit by selling at one market and buying at the other.
"This is because the price of ethereum went up and the pool charged you more for it." You said that twice. Thought I was having deja vu lol
At 5:55 you say that as the price goes below $3000, your USD gets converted to ETH, i.e. a buy order at $3000. Then you go on to say it's the exact opposite...?! Anybody can help out here?
i think the video made a mistake here. should be below 3000 limit buy order, and above 4000 limit sell order.
So I deposited 10 ETH and 5 BTC. ETH goes down below my min price and all my liquidity turns to ETH. If I deposited $1000 initially, how much would my ETH be worth?
Was that v4 a teaser?
Weird cutout at 8:53 in the video??
Will setting my price range to ((FULL RANGE)) significantly lower how much trading fees I get?
For example if I'm in a pool with 365% APR for the past 24 hours meaning that the pool earned 1% in fees the past 24 hours. If my pool was set to full range will I only get a tiny percentage of the 1% compared to users in the pool that have a small price range set?
It can yes. Think of the narrow ranges as their own individual pool. Say that 95% of the trading done between token X and token Y is done between the price of $100-$200 and someone provides liquidity between that range. If you are setting your price to the full range your capital is spread across all price points so that $100-$200 range may only represent 5% of your capital. You both would receive the same amount of fees in that price range but relative to your capital you've supplied you are earning less dollar for dollar. So the liquidity you've provided is just less efficient.
that gitch in 8:52🤣
Airdrop upcoming??
6:20. If you provided a USDC/ETH pair and the ETH value dropped to below $3,000 you would hold 100% ETH yeah?
Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus
①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information
What happened if the NFT stolen from the wallet or sold etc. could the owner get the liquidity?
I don't see why they wouldn't be able to. The same thing can happen for V2 pools though. If a hacker gets ahold of your LP token they could use it to cash out. If your wallet is compromised its compromised
is uniswap the only AMM that is registered on blockchain ?
I wanna know how u get the multiplier; not by simply giving out the highest multiplier as an answer haha
Yeah same here
... By providing liquidity within a certain price range surely?
SpaceX engineer:
👀
i still dont get where 8.33x from or how to calculate it.. pls help
@𝐌otley 𝐈nvestor i cant see the number bro, too small
6:31 good ser this is wrong. if the price range where you provide concentrated liquidity is $3k-$4k and the price falls out of range then the liquidity collapses to the side that's become cheaper. so if it goes below $3k then you are 100% in ETH and if it goes above $4k you are 100% in USDc.
I had to set this to 0.9x playback speed to catch up
How could there be such a high multiplier on two stable coins?
@whiteboardCrypto -- how is the multiplier calculated? By using this scaling window technique, does this mean those providing liquidity out of the range will not receive profit from every swap? OR would the out of range liquidity providers receive a smaller percentage of the total collected fee?
Liquidity provider (lp) in range => receives 70% of fee, while LP's not within range 30%, for example?
Is there an upper, lower, median bound scheme within the algo?
if he says no.1 he mean it .
First :)
More confused than ever, but nice try, explaining. Seems like am not the only the one...hehehe
Yup, USDC is a stablecoin that never moves its price.
That's right, you should not say that "even my grandpa can understand", because that is not nice
Your v4 method is loosely demonstrated on the coin app
big mistake at 6:30 ... cmon bro
Bro your playlists aren't properly structured to properly educate some from beginners to adequate understanding. Please fix this
V3 is kinda confusing......
This Explanation was not upto the mark? 😔😔
You did not explained where the extra money was coming from. It seemed like a money making machine which is actually not tru
Did you watch all the other 4 mentioned videos? If you haven't, check them out!
@@WhiteboardCrypto yes
there are multiple mistakes in this video, clearly whatever time you spent on it was not enough
1. if you split anything between zero and infinity you will have zero... so no they are most definitely not splitting your assets to the infinity
2. at 6:30 its exact oposite, if it hits your lower limit you are left with ETH only, not only that its happens gradually as different ticks of price get hit, so you slowly accumuate more ETH as price drops, and you will be all in ETH when it hits your lower limit... v2 was not like that because your lower limit was 0 so you never got to see all in ETH...
Error at 1:36 - you say the same thing twice in a row
Why aren't you talking about investing in Unimantic, when even real experienced traders are doing it?
LOL Licensing on a decentralised exchange
I'm gonna be straight up honest with you and tell you that you literally copied Finematics video (posted 5 months earlier) but blundered the explanation. Embarrassing.
Uniswap V1 allow users trade with very low fees? I almost stopped watching when you said it. Uniswap has the highest trading fees I ever saw in crypto
I see the @GrizzlyFi project as one of the contenders to lead the DeFi sector in the next bull cycle. The $GHNY native token is small-cap and I see great upside potential.
Great video