Uniswap Launches Educational Platform to Onboard Users to V3 Exchange
Decentralized exchange (DEX) Uniswap has recently unveiled Uniswap University, an educational platform developed in collaboration with the blockchain education-focused Do Decentralized Autonomous Organization (DAO). The purpose of Uniswap University is to provide users with a structured learning pathway for getting started with the V3 exchange through courses, simulations, and quick guides. The platform offers a wide range of topics, from basic concepts like “What is a DEX?” to more advanced subjects such as “Strategy Backtesting Tools.” Through simulations, users can gain practical experience by learning how to add/remove liquidity and explore advanced position management tools.
Courses on Becoming a Liquidity Provider on V3
One of the advanced courses offered by Uniswap University focuses on teaching users the fundamentals of becoming a liquidity provider on V3. The course explores various strategies, including holding stable coins, maintaining 50% of two different tokens, possessing 100% of one token, providing wide or narrow range liquidity, and supplying liquidity in volatile token pools. Each strategy has its own advantages and drawbacks.
Uniswap’s Growth and Success
In May 2021, after the expiration of Uniswap’s Business Source License, developers were able to fork the Uniswap V3 protocol and create their own DEXs. Shortly after its launch, Uniswap V3 surpassed Bitcoin (BTC) in terms of fee generation. On the Ethereum mainnet alone, over $451 million worth of coins and tokens were traded using Uniswap V3. Currently, the combined total value locked (TVL) across Uniswap’s V1, V2, and V3 protocols is $3.2 billion. According to DeFiLlama, these protocols generate $327 million in annual protocol revenue. At its peak during the 2021 bull market, Uniswap’s TVL reached $10 billion.
Uniswap University: A Structured Learning Pathway for All
Uniswap University aims to simplify the complexities of concentrated liquidity in Uniswap V3. With specialized jargon and intricate financial strategies, it can be overwhelming for users to navigate. The educational platform is designed to provide a structured learning pathway for all participants, ensuring that they can easily understand and engage with the Uniswap ecosystem.
Hot Take: Uniswap University Enhances User Onboarding and Adoption
Uniswap’s launch of Uniswap University is a significant step towards enhancing user onboarding and adoption of its V3 exchange. By providing a structured learning pathway, simulations, and practical experience, Uniswap aims to empower users with the knowledge and skills needed to participate in decentralized finance (DeFi) effectively. The educational platform not only simplifies the intricacies of concentrated liquidity but also contributes to the overall growth and success of Uniswap as a leading DEX in the crypto space.