Multiple Protocol Monthly Update — November 2021
Dear Multiple Users,
We are back with a weekly report with all things remarkable that Multiple Protocol achieved this week. Social media updates, tech updates, and more, our team ensures every new development is mentioned in the weekly report to keep our community up-to-date about everything happening at Multiple.
As we continue marching towards major updates to help our community get on board and get acquainted with the Product, you can use Playground Testnet to try out AMM on Uniswap V3 for Free!
A lot of action awaits in the coming months! We hope our community looks forward to them as we continue to storm towards our ultimate goal — to become the Next Generation DeFi Protocol!
Now let’s take a quick look at the weekly report.
Social Updates:
1. Get your best strategy in place, while Multiple brings the most exciting experience for GP & LP on Uniswap V3.
Apply to become a General Partner: https://forms.gle/bpqvim9wB8MssQEt5
2. Multiple Protocol #Alpha #Mainnet has crossed $349k in earnings for the customers’ wiz GP & LPs on https://app.multiple.fi
#CapitalEfficiency performance score exceeds any #AMM on the market on #UniswapV3.
We will be launching our Mainnet #Beta soon to unlock more rewards and a better #UX as we grow together!
3. Thanksgiving #Giveaway rewards #Airdrop of $200 USDT prize pool has now been completed. Winners can check their transactions and verify the same on: https://bit.ly/Multiple-thanksgiving…
4. Multiple Protocol and Uniswap V3 integration offers users the best experience and reduces challenges for LP and GPs to earn fast, smart, and efficiently.
Stay tuned for the Multiple Protocol Beta launch!
Learn more about the benefits of this integration: https://mulfinanceinfo.medium.com/multiple-protocol-x-uniswap-v3-the-smartest-integration-to-allow-lps-gps-to-earn-smart-76a34da7b79a
5. Become an LP on Multiple Protocol, Apply here (LP Applications): https://forms.gle/xkjraaQBE7ADvWpcA
Join Multiple Mainnet -https://app.multiple.fi/
Tech Updates:
New trade settings, created to support user switching options, and to remember the user’s last option after switching:
- Move into the position corresponding to the description icon to display the functional description.
- New positions provide Lite and Pro versions for users to choose from; the Pro professional version is selected by default.
- Lite Version provides an interface for adding liquidity parameter settings.
New Pair price information, data source: Uniswap (all data refreshed in real-time, refreshed once in every 15s)
- Liquidity chart
TVL(UniswapV3): Total Token Locked(UniswapV3):Total Token Locked(UniswapV3)
Total Token Locked(Uniswap V3): the amount of Token A and ‘Token B’ locked in the UniswapV3 pool
24h Fees: the total number of Fees earned in the corresponding pool in 24 hours
The chart highlighted here is according to the price range currently selected by the user.
24h Fees Estimate：
(L = liquidity)
(L_you / L_others) * (24h_swap_volume * pool_fee_rate)
Adding liquidity confirmation information
Second pop-up window to confirm adding liquidity information
Price Range: The price range
Ticks Number: Number of ticks covered by the price range
Deposit Amount: the number of TokenA+TokenB deposited
Total Investment: the current total deposit value
24h Fees Estimate: 24 hours estimated income fee
Calculation formula.
(L = liquidity)
(L_you / L_others) * (24h_swap_volume * pool_fee_rate)
No work permit status
No work permit is necessary to provide community link guidance, allowing users to enter the new position page to view.
We have recently updated our Terms & Conditions on our Website which will be signed on wallet connection to the Multiple Protocol:
Our products are not offered to persons or entities who reside in, are citizens of, are located in, are incorporated in, or have a registered office in the United States of America (collectively, “us persons”). Moreover, none of our other services is offered to persons or entities who reside in, are citizens of, are located in, are incorporated in, or have a registered office in any restricted territory, as defined below (any such person or entity from a restricted territory, a “restricted person”). We do not make exceptions; therefore, if you are us person, then do not attempt to use our product and if you are a restricted person, then do not attempt to use any of the services, as defined below. Use of a virtual private network (“VPN”) to circumvent the restrictions set forth herein is prohibited.
Smart Contract
We have done some gas optimization, refactoring, reducing complexity, and increasing test coverage of smart contracts. While the current version continues to test internally, we are planning to iterate related product documentation for smart contracts.
⭐️ Also, do not forget to check out Multiple’s Monthly Report for September here.
About Multiple Protocol
Multiple Protocol is a Decentralized Finance (DeFi) protocol based on Ethereum that allows expert traders (GP) to provide professional AMM liquidity strategies, which in turn ensures users (LP) securely benefit from the best yielding products.
Find us on Social Media:
Discord：https://discord.gg/4fQXr35NKS
Twitter: https://twitter.com/FinanceMul
Medium: https://mulfinanceinfo.medium.com/
Telegram: https://t.me/multiple_official
