- February 15, 2022
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
There are so many different projects in the DeFi sector nowadays that it is becoming increasingly difficult to keep track of them all. However, if there is one name that everyone should be keeping an eye on, it’s Universe Finance.
Not only has Universe Finance made it known that it shall be launching an IDO soon (15th till 18th February), but they have also not shied away from claiming to be the best Uniswap V3 active liquidity management platform. However, is there any weight to this claim?
Understanding Universe Finance
As aforementioned, Universe Finance is the active liquidity management platform of Uniswap V3 that is built on risk ranking and various quantitative methodologies. Its goal is to maximise Uniswap V3 returns and liquidity income for its respective consumers.
As a result, its primary purpose is to deliver an all-encompassing yield platform with the highest and most consistent real rate of return throughout the DeFi market. It has already formed alliances with the likes of Instadapp, Polygon, DODO, Olympus, Biconomy, Tetu.io, 4sv.io, Poolz, among others in order to achieve this goal.
For now, Universe Finance will focus on adding support for additional chains, handling $1b Uniswap V3 liquidity within the next 12 months, releasing the leverage vault within the next few weeks, and providing a private vault for DAO treasury administration. Universe Finance also intends to launch an airdrop in the near future.
Why pick Uniswap?
Uniswap V3 introduces concentrated liquidity, giving individual LPs increased control regarding the funds which are allocated to various price ranges. Individual holdings are also aggregated into one pool, giving customers a single composite curve against which to trade. Uniswap V3 now contains many fee categories too, allowing LPs to be fairly compensated for taking on varying amounts of risk. These features work together to make Uniswap V3 the most adaptive and efficient automated market maker (AMM) ever developed and it is much more effective as opposed to the now outdated Uniswap V2.
Of course, this does not mean that Uniswap is free from its fair share of problems. However, Universe Finance has come up with unique and innovative ways of dealing with these prevailing issues. Also, the team believes that due to the volatile and often unsafe nature of the DeFi industry, security should be prioritized as much as possible which is exactly what Universe Finance has done. There are thus all kinds of different solutions that can help users feel like they are in control, which is really the most important thing when it comes to this business.
All in all, Universe Finance has a lot of work yet to do, but if its current trajectory is any sort of indication, then it would indeed be safe to assume that it shall be a force to be reckoned with before long. Be sure to check out the official social media channels like Reddit and Twitter along with the Discord group to keep up to date with everything that goes on with Universe Finance.
The post IDO For Universe Finance To Launch: All Eyes Are On The Uniswap V3 Active Liquidity Management Platform appeared first on Blockonomi.