Uniswap launches educational platform with DoDAO


Uniswap launches educational platform with DoDAO


The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit.

On September 21, decentralized exchange (DEX) Uniswap launched an educational platform in conjunction with the blockchain education-focused Do Decentralized Autonomous Organization (DAO).

According to the announcement, Uniswap University aims to create a structured learning pathway for onboarding users to its V3 exchange via courses, simulation, and quick guides. Via the platform, users can gain knowledge on topics ranging from “What is a DEX?” to advanced topics such as “Strategy Backtesting Tools.” Meanwhile, simulations such as adding/removing liquidity and exploring advanced position management tools allow users to gain quick practical experience.

In one advanced course, Uniswap teaches users the fundamentals of becoming a liquidity provider on V3. Developers wrote:

“In this chapter, we will explore several potential strategies that you, as a liquidity provider, can consider. These include holding (HODL) stable coins, maintaining 50% of two different tokens, possessing 100% of one token, providing wide range liquidity, providing narrow range liquidity, and supplying liquidity in volatile token pools. Each strategy comes with its own set of advantages and drawbacks.”

Earlier this year, Uniswap’s Business Source License expired, allowing developers to fork the Uniswap V3 protocol and deploy their own DEXs. Shortly after its launch in May 2021, Uniswap V3 surpassed Bitcoin (BTC) in terms of fee generation. Over $451 million worth of coins and tokens were traded on the Ethereum (ETH) mainnet of Uniswap V3 alone. 

The V3 protocol has a combined $3.2 billion in total value locked (TVL), consisting of liquidity pools, staking, and DeFi lending. According to DeFiLlama, the sum of Uniswap V1, V2, and V3 protocols generates $327 million in protocol revenue per annum. The DEX reached a peak TVL of $10 billion at the height of the bull market in 2021.

Magazine: Are DAOs overhyped and unworkable? Lessons from the front lines





Source link