Uniswap V3 Based ‘Universe Finance’ Reveals Plans of Launch
PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liquidity management platform on Ether...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liquidity management platform on Ethereum and Polygon.
What can Universe Finance offer?
Security is one of the most problematic things when it comes to the DeFi sector. Several assaults have disabled various protocols and stolen countless funds from so many investors within the past ten years or so. Universe Finance believes that security is key and it has hence strived to become extremely safe by deploying mechanisms that enable it to prevent flash loan assaults, sandwich attacks, price oracle manipulation, attacks on private keys, and also excessive contract authority. Universe Finance utilizes extremely limited parameters as well as a multi-signature scheme in addition to white hat hackers, a real-time risk management system, an audit report and a private vault.
To provide an even safer overall experience, Universe Finance employs a backtesting platform and active LP management quantitative methods along with different vaults like the leveraged vault, smart vault and the hedge vault. The team claims that Universe Finance’s top priorities are security and being able to offer fantastic returns on investments, a consistent source of income, minimal expenses, risk grading, and a simple method to generate income via Uniswap V3.
What advantages can Uniswap V3 provide?
Universe Finance picked Uniswap V3 for a variety of reasons. By expanding liquidity in a certain range, Uniswap V3 can help increase LP profit several times over when compared to V2. It is also one of the top DEXs right now, with outstanding depth and little slippage, as well as a large transaction volume and market share.
Moreover, while there may be certain problems like high gas fees, rebalance timing issues, and so on, Universe Finance has developed a solution in the form of proactive liquidity management tools which users can utilize to automatically manage risk levels and reinvest with little to no complications.
About Universe Finance
Universe Finance is the active liquidity management platform of Uniswap V3 that is premised on risk ranking and quantitative procedures. Its goal is to maximise Uniswap V3 returns and liquidity income for consumers.
As a result, its overall objective is to deliver a yield platform with the highest and most consistent real rate of return which can be found in this industry. To that purpose, it has already formed alliances with Polygon, Poolz, Instadapp, Olympus, DODO, 4sv.io, Tetu.io, Yield venture, Biconomy, and others.
Universe Finance will also add support for more chains, release the leverage vault soon, manage $1 billion in Uniswap V3 liquidity by 2022, and provide a private vault for DAO treasury administration. There are plans to launch an early adopter airdrop as well.
Be sure to visit the official website and check out Universe Finance’s Discord, Reddit and Twitter channels for more information.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
22 Companies Block OKXICE Tokenized Stocks, Putting 63-Share Crypto Plan Under Pressure
Key Takeaways: A total of twenty-two companies have declined to accept tokenization of their shares on the pending OKXICE. Among t...
Bitcoin (BTC) Price Prediction: $74K Liquidity Gap Puts $80K Support to the Test
Meanwhile, data from Glassnode and Fasanara Digital show that traditional financial assets are capturing a growing share of deriva...
Lido Puts Liquidity Buffers At The Center Of Ethereum ETP Yield Debate
An Ethereum investment product can advertise staking exposure without putting every unit of its ETH to work. Lido’s October 23 com...
Kraken Lists SFI As Saffron Puts Uniswap Trading Fees At The Center Of Its Product
Kraken added SFI trading on October 23, bringing fresh exchange access to a token attached to a protocol that has changed substant...
Bank Lobby Presses OCC For Clarity On Stablecoin Rewards After Final Rule
A final stablecoin rule has not ended the argument over rewards. The Bank Policy Institute used its October 24 newsletter to renew...
Ripple Swell Preview: The Evidence To Watch When Finance And Developers Meet
Ripple’s Swell conference is scheduled for October 27–29 in New York, combining its institutional event with the Apex developer ga...