0.01% is here 🚀
Governance
Onchain vote to add 1 basis point option to Liquidity Pools (LP) with single tick spacing has finished with 100% for with 71,369,769 UNI and 0 UNI against, contracts, UI and subgraph have all been updated accordingly so LPs can now open or add liquidity to 0.01% pools, which could make Uniswap Protocol super competitive against stable focused DEX. These changes only apply to mainnet.
There is a active discussion and rejected temperature check on snapshot regarding adding incentivisation of liquidity on L2s (Optimism and Arbitrum), since many parties found out about the temp check quite late and expressed intentions to vote in favour, there might be revote happening soon. If you like me, often miss out on certain governance activities, consider following our twitter governance bot it posts all snapshot proposals to twitter.
It feels as the governance forum is gaining lifeless again, and it is fairly hard to keep track of all the proposal discussions, especially as many of them are getting brought up from long time ago, but definitely those that I read are an interesting reads, if anyone wants to help me digest these would be super helpful
Updates
Uniswap Labs have published Timothy Luke’s work on brand update, it consists of refreshed Uniswap Labs teams logo, which not only visually distinguishes labs from the protocol, but also shares and perfectly fits previously defined UGP crest family idea, from my understanding it is a super cool way to show and see what and how the ecosystem would evolve as the protocol further and further grows and decentralises itself where labs will be one of the many crest hodlers and buidlers in the Uniswap family. Update also features new branding for the protocol itself and there is an active discussion in request for comment thread on forum
Michael Bentley has published paper on manipulating time weighted average prices (TWAPs) on Uniswap v3 oracle there is also a twitter thread outlining the key points
APY.vision have released a cool toy app that shows if your liquidity positions got rekd by impairment loss il.wtf
revert.finance have updated their app with ability ti claim and stake directly from the UI, they also have a list of all active incentive programs on UNI-V3-LPs
Grantees
DefiLabs team have added new features to their v3 simulator that lets you simulate fees from providing liquidity
DEF have started publishing what is DeFi 101 education series, you can read first edition here that is based on report by one of their own grantees Matt Barlett
UNICODE hackathon has finished 🥳 there is a finale video available on youtube as well as list all the awesome submissions by the buidlers if you haven’t checked it yet
Edition #6 Project
Security in web3 is incredibly important due to its nature of non-custodial wallets and general ethos of people owning and taking responsibility of their own data, with it comes greater risks of irreversible loss of funds, but there are public goods projects that tackle these issues, one of which as I have discovered is CryptoScamDB an open source database of scams thats powers biggest wallets in space
Thank you for reading and stay safe!
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