Jun 29, 2021
1 min read
What awaits new users in Uniswap latest version?
- Liquidity providers supply cryptocurrency pairs in a certain price range. The profit from the supply of liquidity has increased, but if the exchange rate has changed and the price has gone out of range, then no interest on the yield will be charged. Therefore, liquidity providers need to constantly monitor the price range and update it to get a percentage of the return.
- A three-level system of commissions for each pair has been introduced, depending on their expected volatility — 0.05%, 0.3% and 1%. Such a system allows liquidity providers to select pools according to their risk appetite.
- The new Business Source License 1.1 will provide the project with more opportunities to protect developments from copying.
About Multiple
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.
