Monday, May 13, 2024

Uniswap launches educational platform with DoDAO


On September 21, decentralized trade (DEX) Uniswap launched an academic platform along with the blockchain education-focused Do Decentralized Autonomous Group (DAO).

In keeping with the announcement, Uniswap College goals to create a structured studying pathway for onboarding customers to its V3 trade through programs, simulation, and fast guides. By way of the platform, customers can achieve data on subjects starting from “What’s a DEX?” to superior subjects corresponding to “Technique Backtesting Instruments.” In the meantime, simulations corresponding to including/eradicating liquidity and exploring superior place administration instruments permit customers to achieve fast sensible expertise.

In a single superior course, Uniswap teaches customers the basics of turning into a liquidity supplier on V3. Builders wrote:

“On this chapter, we are going to discover a number of potential methods that you simply, as a liquidity supplier, can contemplate. These embrace holding (HODL) secure cash, sustaining 50% of two totally different tokens, possessing 100% of 1 token, offering wide selection liquidity, offering slim vary liquidity, and supplying liquidity in unstable token swimming pools. Every technique comes with its personal set of benefits and downsides.”

Earlier this 12 months, Uniswap’s Enterprise Supply License expired, permitting builders to fork the Uniswap V3 protocol and deploy their very own DEXs. Shortly after its launch in Might 2021, Uniswap V3 surpassed Bitcoin (BTC) when it comes to charge era. Over $451 million value of cash and tokens had been traded on the Ethereum (ETH) mainnet of Uniswap V3 alone. 

The V3 protocol has a mixed $3.2 billion in whole worth locked (TVL), consisting of liquidity swimming pools, staking, and DeFi lending. In keeping with DeFiLlama, the sum of Uniswap V1, V2, and V3 protocols generates $327 million in protocol income every year. The DEX reached a peak TVL of $10 billion on the top of the bull market in 2021.

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