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uniswap v3 scaling

Uniswap v3 is now live! Just join us on Discord to get started, and don’t miss out on our Uniswap Uniswap has revealed an overview of V3 of the DEX which is due to launch on May 5, described by Uniswap as “the most flexible and capital-efficient AMM ever designed.” V3 will also launch separately on the L2 Optimism solution. Hence, transactions made on Uniswap V3 through Optimism will be significantly cheaper. Uniswap dominant force since 2018. The upgrade brought significant structural improvement to Uniswap and the platform started to compete with the leading centralized exchanges (CEXs) as per trade volume. MATIC/Polygon Adoption as a scaling solution for ETH is rising at an explosive rate. Uniswap v3 Under The Hood. This week, Uniswap detailed its plans to move onto the solution following its V3 update. Uniswap v3 is slated to launch on May 5th on Ethereum, and on May 12th on Optimism — a highly anticipated layer 2 scaling solution. Perfected by Uniswap (UNI), usage of the DEX has been rapidly growing, with a massive uptick in traffic, and more importantly – total locked liquidity. The most highly anticipated improvement is Layer 2 scaling. So in short, do not expect any respite from those painful transaction costs. In a single on-chain request, an oracle can easily feed price averages calculated within the previous 9 … According to the Etherscan gas tracker, the average cost of a Uniswap swap is $42.72.This eliminates all but the whales and forces DeFi newbies to seek cheaper alternatives … The AMM is currently the fourth-largest DeFi application on the network and possesses a whopping … best. Uniswap, the world leader in decentralized DeFi exchanges, has also worked hard on upgrades for Uniswap V3 which is clearly superior to V2 and should arrive in 2021. NFT of Uniswap ad sells for $545,000 worth of ETH. report. Uniswap v3 Under The Hood. Optimism is an Ethereum Layer 2 scaling solution that allows cheaper fees by using optimistic rollups. However, gas costs won’t be fully reduced until Layer 2 scaling is rolled out at a later date. Nevertheless, Hayden Adams says that V3 will likely be deployed on Layer 1 first: The end solution for Uniswap and other Ethereum-based applications is Ethereum solving its scaling problems with the integration of high-throughput layer 2 solutions and later sharding and PoS … The decentralized exchange has been a core part of the Ethereum DeFi ecosystem. Uniswap has mapped out what is perhaps the most anticipated DeFi product launch of the year with its post introducing its version three (V3) iteration.. The team decided to launch Uniswap V3 on both the Ethereum mainnet and Optimism — an Ethereum Layer 2 scaling solution — targeting early May for the release. The Uniswap team teased us with a V3 upgrade just a month ago, promising the long-anticipated layer 2 scaling. Check out Uniswap’s blog post announcing the new version or download the Uniswap v3 Core whitepaper and the Uniswap v3 Core smart contracts. Furthermore, v3 represents the last major update to occur outside of public view. Uniswap v3 will be deployed on layer 2 scaling solution Optimism, and will also bring major improvements for liquidity providers. “The first wave of $750,000 worth of grants has been distributed to 20+ projects,” Leibowitz said. However, the industry expects V3 to improve slippage and capital efficiency significantly, which could be achieved by integrating the Layer 2 scaling solution. Therefore, users hope for a second-layer scaling solution such as Optimistic Rollups to be implemented in v3. hide. The Uniswap team teased us with a V3 upgrade just a month ago, promising the long-anticipated Layer 2 scaling. Several L2 scaling solutions are already on the market. At the time of publication, there has still not been an official launch date for UNI-V3. Optimism leverages Optimistic Rollups, a Layer 2 solution that aims to make Ethereum more scalable. Incorporating Loopring’s zkrollUps would have tremendous potential. Check out the historical trend of rising MATIC transactions to ETH transactions Although Uniswap’s full upgrade plans have not yet been detailed publicly, the move could spark many of the Ethereum-based dApps to look for new and scalable environments with higher potential and lower gas fees. Reportedly, Uniswap is likely to solve many of its issues by integrating Layer 2 scaling solutions. 87% Upvoted. Rising MATIC Adoption compared to ETH transaction data. However, to maintain this level of success, the team behind UNI will need to stay innovative. The recently revealed specifications stated that there will be some improvement in gas prices. Sort by. “Agreed on L2 – would be great to get a Uniswap deploy optimistic rollup by end of year.” Notably, Uniswap is eyeing an integration “soon after” with Ethereum throughput booster Optimism. “A second wave is about to kick off.” The Uniswap v3 white paper can be found below: Yesterday, on 5/7/21, MATIC transactions were almost double ETH's. Uniswap v3 is set to launch in May of 2021. Uniswap v3 has also worked on improving the capacity of the time-weighted average prices (TWAP) oracle, enabling it to quickly respond to price inquiries without much cost. Note that the BUSL 1.1 license does not affect integrations. Scaling … Furthermore, v3 represents the last major update to occur outside of public view. However, gas costs won’t be fully reduced until Layer 2 scaling is rolled out at a later date. This is because in its current state, Uniswap is too expensive for most smaller DeFi traders.. “A second wave is about to kick off.” The Uniswap v3 white paper can be found below: Such an upgrade couldn’t come sooner. Uniswap V3 is coming to Ethereum on May 5th and mid-May to scaling solution Optimism. Uniswap V1 appeared in November of 2018, which means that Uniswap was one of those projects that had to survive the DeFi winter during 2019. Uniswap v3 needs a solution, but it remains to be seen what will be implemented exactly. However, the industry expects V3 to improve slippage and capital efficiency significantly, which could be achieved by integrating the Layer 2 scaling solution. As for solving scaling issues, Hayden discussed launching Uniswap v3 on both the main Ethereum network and a second-layer solution such as Optimism’s Optimistic Rollups, then seeing which platform works the best over time. Will there be uniswap v3 on some scaling solution to reduce gas fees? Uniswap is a simple, smart-contract-based protocol developed on the Ethereum network that can be used to swap ERC20 tokens.There is no intermediary authority to regulate a transaction, just a combination of a code that executes the transaction, a liquidity pool that provides liquidity, and an Ethereum network that records the transaction.. Now, let us … At the beginning of V3 launch, volume is moving from V2 to V3. Uniswap launched on Ethereum back in November 2018, with the second version, Uniswap v2, launching in May last year. There is already a basic demo of the L2 version of the token swap protocol running on unipig.exchange. 5 comments. This means Uniswap V3 will be insanely profitable for LPs. Uniswap governance can accelerate the change to GPL or grant exemptions to the license at any time by updating the files at v3-core-license-date.uniswap.eth and v3-core-license-grants.uniswap.eth. In addition, some users expect new incentives to be integrated to foster participation by liquidity providers. The V3 blog post also notes that it is theoretically possible to have a 20,000x increase in returns on layer-2 implementation of Uniswap V3. Uniswap V2 was launched in May 2020. Just before releasing V2, the team behind Uniswap had already started working on a new version of the protocol, details of which were announced just now — at the end of March 2021. In 2020, the Uniswap … From here, the development team will hand the reins over to the community. level 1. Uniswap v3 is expected to launch on mainnet on May 5, the firm wrote. “The first wave of $750,000 worth of grants has been distributed to 20+ projects,” Leibowitz said. Uniswap V3’s volume, traders and trade counts first increased dramatically 11007109.9%, 103445.45% and 96614.28% to ATH from 4th to 8th May, then started to drop. Since Uniswap v3’s launch, the WETH/SHIB pairing ranks as the top pairing by both total fee generation with $2.4 million and number of trades with nearly 57,000, beating out second-ranked WETH/USDT with $750,000 generated over nearly 8,500 trades. The main new feature, custom liquidity ranges, enables multiple orders of magnitude improvement in capital-efficiency, combining the best of AMMs and order book exchanges. From here, the development team will hand the reins over to the community. save. Uniswap V3 will focus on solving the issues of high fees and slippage by conducting transactions on an Ethereum Layer 2 network Uniswap V3 could also bring a non-fungible token (NFT) feature Uniswap , the most popular decentralized exchange on Ethereum , has created a lot of hype at the beginning of this month as the crypto community was in high anticipation of a potential V3 … The benefit for the developer is how there are many options. share. Log in or sign up to leave a comment Log In Sign Up. 5 months ago. The recently revealed specifications stated that there will be some improvement in gas prices. The Uniswap team recently revealed details about Uniswap v3, the upgrade which had been the subject of a lot of speculation in the cryptocurrency and DeFi community. The team confirmed what many hoped: following a targeted May 5th launch, a deployment to Optimism’s Layer 2 scaling solutionis “set to follow shortly after.” Firstly, Uniswap V3 will be deployed on the Ethereum blockchain on the 5th of May, while the launch on Optimism is slated to happen later the same month. Optimistic Rollups run on a sidechain to Ethereum, and they offer the composability that allows DeFi protocols to work like so-called “money legos.” So in short, do not expect any respite from those painful transaction costs. And don’t forget, we need your help to build the biggest and best dashboard for Uniswap v3! Here's an in-depth analysis of what's new, what are the main obstacles, L2 scaling and much more. Very curious to hear about what is planned for v3. What Can We Expect from v3? Such an upgrade couldn’t come sooner, given the breakneck pace at which DeFi traffic flows into Binance Smart Chain (BSC).

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The NAACP has always been at the forefront of the fight against racial discrimination and economic inequality. Voting rights and the battles against voter suppression are just as important today as they were during the Civil Rights Movement. Health care, education, and economic opportunity need our action if they are ever to improve.

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ACT-SO Committee

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ACT-SO (Afro-Academic, Cultural, Technological and Scientific Olympics) honors academic and cultural achievers at the same level as sports achievers. ACT-SO members recruit 9th through 12th grade students annually for an academic competition. The NAACP believes that African-Americans can succeed and compete at the same or superior levels as their counterparts in classrooms, boardrooms and laboratories throughout the world.

Chair: Avelina Holmes

Meeting Date & Time: Varies according to ACT-SO activity schedule

actso@naacphouston.org

Armed Services & Veterans Affairs Committee

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The Armed Services and Veterans Affairs Committee focuses on Armed Services and Veterans programs at the local, state and national levels to ensure they are administered fairly for minorities. The committee studies conditions pertaining to minorities and their families and handles discrimination complaints from members of the Armed Services and Veterans.

Chair: W. Clyde Lemon

Date & Time: 1st Monday, 12:00 pm via conference call

veterans@naacphouston.org

Communications Press & Publicity Committee

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The Communications Press & Publicity Committee works to eliminate employment segregation and discrimination in the media industry. The members monitor local and national media including advertising, and promote the NAACP Houston Branch to gain favorable publicity in local newspapers, television and other media.

Chair: Linda Chandler Jacobs

Meeting Date & Time: TBD 2nd Tuesday 6:30pm @ NAACP

media@naacphouston.org

Community Coordination Committee

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The Committee on Community Coordination enlists the support of other community organizations on issues affecting the interests of minority groups and the NAACP Houston Branch in order to increase membership and volunteer recruitment, build coalitions around common goals, and increase Freedom Fund sponsorship of and attendance.

Meeting Chair: Juli McShay

Date & Time: First Monday of the Month, 4:30 p.m.

community@naacphouston.org

Criminal Justice Committee

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The Committee on Criminal Justice raises awareness about the inequities in the criminal and juvenile justice systems as well as some of the public misconceptions about the impact of recent “get tough” criminal policies on crime rate trends. Member work to increase minority participation in the Grand Jury system.

Chair: James Dixon, II

Meeting Date & Time: 1st Tuesday 6:30pm @ NAACP

justice@naacphouston.org

Economic Development Committee

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The Economic Development Committee implements local efforts and supports national programs that preserve and expand economic empowerment among minorities. The members promote business and home ownership, employment, and job creation.

Chair: Roger Harris

Meeting Date & Time: 2nd Monday 5:30pm @ NAACP

economics@naacphouston.org

Education Committee

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The Education Committee works to eliminate segregation and other discriminatory practices in public education. Members focus on educational conditions affecting minorities including dropout rates, school funding, attendance, parental involvement, standardized testing, and teacher certification.

Chair: Dr. Carolyn Evans -Shabazz

Meeting Date & Time: 1st Thursday 6:00pm @ NAACP

education@naacphouston.org

Environmental Climate Justice Committee

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The Environmental and Climate Justice Committee raises awareness of environmental issues, climate change and energy reform policies, and the linkages between environmental quality and social justice. The members are active in the Coalition for Environment, Equity, and Resilience (CEER), a collaborative made up of nonprofit organizations who have committed to working together to advance an 8 point plan.

Chair: Jacqueline Smith

Meeting Date & Time: Meeting times vary according to the Environmental Climate activity schedule.

climate@naacphouston.org

Freedom Fund Committee

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The Freedom Fund Committee (FFC) is the fundraising arm for the NAACP Houston Branch. The Annual Freedom Fund Advocacy and Awards Dinner (FFAAD) is the primary fundraiser for the branch. The FFAAD is traditionally held on the 4th Friday of October. Proceeds from the event support the branch operations and advocacy programming for the branch. The FFC also assists the unit with securing funds for special advocacy projects and the capital improvement fund for the branch headquarters.

Chair: Argentina M. James

Meeting Date & Time: Varies according to Freedom Fund activity schedule.

freedomfund@naacphouston.org

Health Committee

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The Health Committee is concerned with access to health care, health education, treatment and research, and sponsors health fairs and workshops highlighting important health issues for minorities.

Chair: Carol Moore

Meeting Date & Time: Varies according to Health activity schedule.

health@naacphouston.org



Housing Committee

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The Housing Committee studies housing conditions and new financing methods to promote home ownership. The members oppose all restrictive practices whether public or private, and refer complaints of housing discrimination.

Chair: Belinda Everette

Meeting Date & Time: 1st Wednesday 12:30 pm @ NAACP

housing@naacphouston.org

Labor & Industry Committee

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The Labor & Industry Committee works to eliminate discriminatory employment practices in industry and government, wage differentials based on race, unequal opportunities for training and promotion, discriminatory practices in labor unions, and unfair dismissals.

Chair: John Bland

Meeting Date & Time: 3rd Wednesday 6:00pm @ NAAC

labor@naacphouston.org

Legal Redress Committee

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The Legal Redress Committee on Legal Redress investigates all cases reported to the NAACP Houston Branch, supervise all litigation in which the Branch is involved, and keeps the National NAACP and Branch informed on the progress of every case.

Co-Chair: Mary King, Esq. & Charles Livingston, Esq.

Legal Clinics: 3rd Saturday of each month, 9am-2pm

legalredress@naacphouston.org

Membership & Life Membership Committee

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The Membership & Life Membership Committee works to increase membership by organizing campaigns, soliciting new members and renewals, and encouraging life memberships.

Chair: Mable Caleb

Meeting Date & Time: TBD 2nd Tuesday 5:30pm @ NAACP

membership@naacphouston.org

Political Action Committee

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The Political Action Committee focuses on voter registration and election turnout as well as legislation designed to improve the educational, political and economic status of minority groups. Members monitor proposed legislation and seeks the repeal of racially discriminatory laws. The Committee is non-partisan and does not endorse candidates for public office.

Chair: Claude Cummings Jr.

Meeting Date & Time: 2nd Monday 6:00pm @ NAACP

PAC-GOTV@naacphouston.org

Religious Affairs Committee

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The Religious Affairs Committee uses an educational program designed to give moral and ethical interpretation to the civil rights struggle and conveys this message to religious groups of all faiths. Members seek the support of religious groups for membership and fund raising.

Chair: Bishop Johnny Tates

Meeting Date & Time: TBD

religion@naacphouston.org

WIN (Women In the NAACP) Committee

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The WIN Committee supports social justice issues affecting women by serving as an advocacy vehicle for social, economic, political, educational and health and welfare issues affecting women.

Co-Chair: Sylvia Donahue- McCarter

Meeting Date & Time: 2nd Wednesday 6:30pm @ NAACP

WIN@naacphouston.org

Young Adult Committee

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The Young Adult Committee works with the Membership Committee to solicit memberships of individuals 21-40 years of age, and maintain a mentorship program that is a support bridge from youth and college to NAACP Houston Branch participation. Also provide networking and social opportunities for young adults.

Chair: Porschia Harris & Cha’Mira Keener

Meeting Date & Time: 1st Thursday 6:30pm @ NAACP

youngadult@naacphouston.org

Youth Works Committee

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The Youth Works Committee collaborates with the national NAACP to recognize exemplary youth, develop programs and activities consistent with the Association’s policies and mission for youth groups.

Chair: Avelina Holmes

Meeting Date & Time:Varies according to ACT-SO activity schedule

youthworks@naacphouston.org