Uniswap Labs has recently outlined its plans for the newest version of a leading decentralized exchange, Uniswap v4. The team released the draft code for public scrutiny, aiming for a community-driven development process.
Uniswap v4 introduces several innovative features, starting with "hooks," contracts set to execute at various stages of a pool action's lifecycle, enabling more customization and tradeoff decisions.
A significant departure in v4 lies in its architectural shift, moving all pools within a solitary "singleton" contract. This is a shift from the former model, which assigned each pool its own separate contract.
Although this reconfiguration may lead to gas savings, the precise benefits will hinge on the efficiency of the new structure and its actual performance. Uniswap v4 also brings a "flash accounting" system into the fold, which transacts assets based on net balances, potentially leading to gas savings when used with the proposed "transient storage" facilitated by EIP-1153.
Additionally, Uniswap v4 restores support for native ETH, offering potential gas savings, and empowers pool creators to establish competitive fee tiers or customize them with a dynamic fee hook, with its efficacy relying heavily on the usage by pool creators.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- EVM Finance. Unified Interface for Decentralized Finance. Access Here.
- Quantum Media Group. IR/PR Amplified. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: https://www.cryptocompare.com/email-updates/daily/2023/jun/14/
- :has
- :is
- 14
- 2023
- a
- Accounting
- Action
- actual
- Aiming
- All
- also
- and
- architectural
- Assets
- assigned
- At
- balances
- based
- benefits
- Brings
- by
- code
- COM
- Community Driven
- competitive
- contract
- contracts
- creators
- crypto
- crypto roundup
- CryptoCompare
- customization
- customize
- decentralized
- Decentralized Exchange
- decisions
- Development
- draft
- dynamic
- each
- efficacy
- efficiency
- empowers
- enabling
- establish
- ETH
- Ether (ETH)
- ethereum
- exchange
- execute
- facilitated
- Features
- fee
- Flash
- For
- Former
- from
- GAS
- heavily
- Hinge
- Hooks
- HTTPS
- in
- innovative
- into
- Introduces
- ITS
- june
- Labs
- lead
- leading
- lies
- lifecycle
- May..
- model
- more
- moving
- native
- net
- New
- Newest
- of
- offering
- on
- or
- outlined
- own
- performance
- plans
- plato
- Plato Data Intelligence
- PlatoData
- pool
- Pools
- potential
- potentially
- precise
- process
- proposed
- public
- recently
- released
- relying
- restores
- roundup
- s
- Savings
- separate
- set
- several
- shift
- significant
- stages
- Starting
- storage
- structure
- support
- system
- team
- The
- Them
- this
- to
- Uniswap
- Usage
- used
- various
- version
- when
- which
- will
- with
- within
- zephyrnet
