π¦Β @Uniswap v4 is here! π
Brace yourself for a new era of power and possibilities in DeFi! πͺοΈπ
π§΅Β A Thread
1/10
This major upgrade brings a whirlwind of innovation to decentralized trading, including: 1. Custom logic with Hooks 2. Singleton Architecture 3. Flash Accounting 4. Native ETH Support 5. ERC-1155 Accounting 6. Enhanced Governance 7. Direct LP Donations
2/10
πͺ Hooks: Enhance liquidity actions, implement dynamic fees, and integrate with other protocols. The possibilities are endless!
3/10
βοΈ Singleton Architecture: With a single contract managing all pools, gas costs drop by 99%. Say goodbye to unnecessary expenses and embrace streamlined operations.
4/10
π‘ Flash Accounting: No tokens owed at the end of the lock, thanks to transient storage opcodes. Trade seamlessly across multiple pools with reduced gas costs.
5/10
π Native ETH Support: Uniswap v4 reintroduces native ETH in trading pairs, eliminating the need for wrapping. Enjoy a seamless trading experience and save on transactional costs.
6/10
πΌ ERC-1155 Accounting: Users can mint and burn ERC-1155 tokens within the singleton, avoiding ERC-20 transfers. Perfect for frequent swappers and liquidity providers.
7/10
π³οΈ Enhanced Governance: Separate governance mechanisms for swap fees and withdrawal fees allow governance to decide on capped percentages. Empowering decision-making.
8/10
π°Donate Functionality: Use the donate() function to tip liquidity providers in the pool's tokens. A powerful tool for incentivization and gratitude.
9/10