Multiple Protocol Weekly Report

This issue covers the week of Nov 22 to Nov 26

Dear Multiple Users,

We are thrilled to present this weekly report that includes various remarkable and excellent achievements that Multiple Protocol achieved this week. From social media to tech updates, we’ve added every new development to this report to keep our community well-informed about everything that’s happening at Multiple. We are moving closer to major updates, on which we will be able to get community onboard and get acquainted with the Product. You can still use Playground Testnet to try out AMM on Uniswap V3 for Free.

Multiple Protocol is all decked up to bring lots of action in the coming months! Our community can definitely look forward to what we have in store for them as we continue to storm towards our ultimate goal — to become the Next Generation DeFi Protocol!

So, without further ado, let’s delve deep into this 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 $300k in earnings for the customers’ wiz GP & LPs on https://app.multiple.fi

This is not it! We will be launching our Mainnet #Beta soon to unlock more rewards and a better #UX as we grow together!

3. In order to Celebrate Thanksgiving & out upcoming Beta launch, we are giving away $200 worth USDT to 10 Lucky winners

Ends — 27th Nov, 2 PM UTC

4. GPs and LPs on Uniswap 3 AMM Partner, Multiple Protocol will be able to get more capital efficiency out of Concentrated Liquidity.

6. Multiple Protocol has been live for more than a month, and hundreds of GP’s have been helping with the best #AMM strategies for Highest #APY in:

🎯 #UNI pool

🎯 #Ethereum pool

🎯 #DAI pool

🎯 #USDC pool

7. 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 is available.

New Pair price information, data source: Uniswap (all data refreshed in real-time, refresh 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 for providing 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:

Discordhttps://discord.gg/4fQXr35NKS

Twitter: https://twitter.com/FinanceMul

Medium: https://mulfinanceinfo.medium.com/

Telegram: https://t.me/multiple_official

http://Multiple.fi - Unlocking the next phase of #DeFi, a playground for expert traders to provide professional trading AMM liquidity strategies on Uniswap V3