On September 21, the blockchain education-focused Do Decentralized Autonomous Organization (DAO) and decentralized exchange (DEX) Uniswap together launched an instructional portal.
The release states that Uniswap University plans to employ courses, simulations, and fast guides to develop a systematic learning route for introducing consumers to its V3 exchange. Through the platform, users may learn about a variety of subjects, from “What is a DEX?” to more complex subjects like “Strategy Backtesting Tools,” while simulations that let users experiment with advanced position management tools and add/remove liquidity provide them immediate hands-on experience.
Uniswap instructs users on the principles of being a liquidity provider on V3 in one advanced course. Creators penned:
“In this chapter, we will explore several potential strategies that you, as a liquidity provider, can think about, such as 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 of which has its own set of benefits and drawbacks.”
The Business Source License for Uniswap expired earlier this year, enabling programmers to fork the Uniswap V3 protocol and roll out their own DEXs. Uniswap V3 quickly overtook Bitcoin (BTC) in terms of fee generating after its introduction in May 2021. Coins and tokens worth over $451 million were exchanged on the Uniswap V3 Ethereum (ETH) mainnet alone.
Liquidity pools, staking, and DeFi lending make up the $3.2 billion total value locked (TVL) for the V3 protocol. DeFiLlama estimates that the combined income from the Uniswap V1, V2, and V3 protocols is $327 million annually. At the height of the bull market in 2021, the DEX’s highest TVL was $10 billion.
