1/ We are excited to introduce Revert Lend, a new lending protocol specifically designed for liquidity providers on Uniswap v3.
LPs can collateralize their positions and secure loans while retaining management of their liquidity.
Read the paper here
1/ Thrilled to unveil a much sought-after feature from our V3Utils contract: "Move Range". This enables LPs to seamlessly transition from one price range to another within the same pool - all in a single, atomic transaction. Say goodbye to hassle!
Widespread rumours out here that we are about to integrate
@uniswap
v3 on
@0xPolygon
.
This is absolutely true!
Finishing up a few details before the push.
1/ Time-vested incentives programs for
@Uniswap
v3. Why does it matter? Incentivizing liquidity in Uniswap v3 has not really worked out as well as a lot of us expected. The v3staker is a brilliant mechanism, and security-wise it also leaps ahead of what we had in the Univ2 days.
1/ We just pushed an initial integration of the
@Uniswap
's v3 staker and have to say it is pretty neat!
Here's an example position accruing some sweet
@ribbonfinance
rewards
We applied for the 3 rounds of Uniswap grants. Always under 50k USD, to develop our V3 integration. Never got a reply, asked for feedback and were just ghosted. Lesson was: focus on building for your users, and if you are going for grants use gitcoin.
Flipside has received 11.5M in VC funding and now they are asking uniswap for 25M more to yield farm.
Defillama has been completely self-funded from the beginning, am I the idiot here for not asking treasuries to just hand us money for free?
Liquidity mining is dead. It does not work.
What works instead are 3 layers of derivative markets that exist to modify parameters in a StakingRewards contract.
Also, rugs are bonds and 7-day lockups prevent token dumping.
1/ We are releasing a new feature today for Uniswap v3 Liquidity Providers: fee auto-compounding.
Depending on your fee APR, and the size of your positions, this can significantly improve your returns.
1/ Time-vesting with the Uniswap v3 staker:
Where we modify the Uniswap v3 staker to prevent automated ultra-concentrated strategies from dominating rewards programs and bring back UniV3 liquidity mining for individual LPs.
Our mission is to build powerful tools for LPs in AMM protocols while keeping them open and accessible by everyone.
Coming up: improved analytics, automation, new integrations with protocols and L2s as we build the ultimate AMM LP management interface.
We just pushed a freshly improved integration of the
@Uniswap
v3 staker allowing you to stake, claim, and unstake directly from the Revert UI. Winter farming is a thing, folks.🧑🌾
1/ We just pushed an initial integration of the
@Uniswap
's v3 staker and have to say it is pretty neat!
Here's an example position accruing some sweet
@ribbonfinance
rewards
1) Uniswap v3's expressiveness allows users to concentrate "passive liquidity" in stable pairs. For example, creating such a position on DAI/USDC the last couple of months would have netted you over 16% APR
1/5 We're pumped to unveil the most sought-after feature from a year's worth of user interviews: "Swap and Mint"! This nifty addition to our Initiatoooor is set to streamline how LPs craft new positions on UniswapV3. Here’s the breakdown:
1/3 We're testing a nifty little price simulator for positions today. This tool provides the capability to adjust the pool price, or the price of any underlying assets, simulating the effects on your asset distribution and divergence loss.
Uniswap V3 "liquidity managers" have no real idea of what they are doing, and giving them your capital to LP is akin to giving them your capital to trade on a Uniswap pair.
Both sides are traders, the professionals are the arbitrageurs.
For most markets, at least one side will inevitably be professionalized.
If this is true of DEXes, what kind of ordinary users should they optimize for?
Introducing the upgraded "Position Log" - a comprehensive breakdown of all your transactions, meticulously organized for seamless position tracking. Check it out!
We have gotten reports from 2 users about an attack involving approvals to our v3utils contract. We are investigating and will report further.
We recommend using for following addresses:
With Revert Lend:
You collateralize this puppy and take an easy 3x leverage. You pay a hefty 10% APR on the loan, but get 2000% Fee APR on the LP pos.
You cap downside by setting Auto-Exit to swap to USDC if you go out of range.
YOU PRINT.
COMING SOON.
1/ We are delighted to announce that our V3Utils contract has undergone a comprehensive audit by Peckshield and has now been deployed across all 5 chains. Let’s do a quick review of the functionality now available on the app:
1/ Excited to announce the launch of Version 2 of our Revert Auto-Range and Auto-Exit, now live on the app!
We've incorporated user feedback for a more intuitive experience.
1/ 🚨Security Alert:
We've identified a high-risk bug that affects anyone on
@MetaMask
who edits their NFT transfer transactions manually.
We alerted the MetaMask team and they are addressing the issue. See this for technical details:
PROPOSAL IS LIVE 🔥 VOTE NOW
@revertfinance
seeks 200k EVMOS to deploy their premier actionable analytic tools for Forge liquidity providers and the
@EvmosOrg
community ❤️🔥
⚒️SHAPE THE FUTURE OF FORGE⚒️
1/ ETH/USDC position on a range from $1655 - $3334 has a 94% apr vs HODL. It has stayed within range 100% of the time for its 42 day life, has had no capital reallocation or fee collection.
Performance of Uniswap V3 liquidity managers compared to a synthetic Uniswap V2 position which earns zero fees. This is the same approach Curve uses to measure profit.
All of the active liquidity managers have shown worse performance than simple holding.
Would help to spread the msg for accounts to revoke permissions for:
mainnet: 0x531110418d8591c92e9cbbfc722db8ffb604fafd
polygon: 0x8c925768c793e00c095135b8656d6014ee2d07bb
optimism:
0x2A017f2Fb369F4CA061B8D8A922Bb05100e8f8C3
arbitrum: 0x95a8cc9ab71b26bdacbe6a7ccf519456edc2a164
We have confirmed that this was an exploit to our v3utils contract used in the new "atomic swap into v3 position" functionality. Here is an inital explanation of what happened
1/ Over the weekend
@luciano_vPEPO
noticed and reported liquidity being added and removed (on the same block) from the Uniswap v3 USDC/WBTC 0.30% pool. What is this? Perhaps we can call it “flash liquidity”, and appears to be a form of MEV being realized by Uniswap v3.
1/5 Evmos, built on the Cosmos SDK, is proof-of-stake blockchain with full Ethereum compatibility. The latest player there is
@forgeDEX
, a Univ3 fork that's fresh off the launchpad, recently integrated with Revert, thanks to an Evmos DAO-backed grant.
1/ Update on the refund for affected accounts.
We will be airdropping the amounts taken by the attackers to each account in the same amount, token, and network they were originally subtracted from.
1/4: Attention, LPs! Buckle up for a new feature which has been often requested. We're giving you the stick shift with Manual Compounding. You're in the driver's seat now, with the power to compound your fees while keeping custody of your position NFTs.
Our
@SushiSwap
on
@arbitrum
integration is now live! No need to change wallet network from mainnet, your arbitrum positions will appear alongside your other positions with only a subtle difference.
1/ Short update on the exploit.
We have a total account of the amounts that were withdrawn from affected accounts:
USDC: 22983.235188,
USDT: 4106.316699,
OP: 485.5786287699002,
WETH: 0.18217977664322793,
DAI: 36.59093198260223,
WMATIC: 211.21463945524238,
PREMIA: 22
Uniswap v3 subgraphs broke with the addition of the new 1 bip fee tier some hours ago. Fix incoming, but unfourtently syncing the subgraphs will take a few days.
🚨Optimism auto-compounding incentives Period 3 starts today with 60k OPs to be distributed over the next six weeks.
To participate:
Activate auto-compounding on your Uniswap v3 positions on Optimism
Migrate from mainnet
LFG🚀🔴
5/ The protocol contracts are ready and audits are scheduled. Launch is imminent.
We believe this is a game-changer for LPs and particularly useful with current market conditions.
More coming soon! 🚀🚀🚀
A UI that only shows "Fee APR" for AMM strategies is dangerously misinforming its unwitting users. If they are profiting by taking a cut of the fees, then that is outright predatory. Promoting this behavior is quite bad for the whole industry.
Cool! Worth noting allocation was directly from the Optimism Collective, not
@UniswapFND
, and in total about 1/5th of what
@UniswapFND
allocated to liquidity managers.
.
@revertfinance
drove a significant share of total transactions, likely due to larger allocation, auto-compounding transactions, and broader rewards than Uniswap liquidity managers.
⚠️ New phishing scam:
Someone created a pair of tokens with symbols "
http://Uniswap-LP
. org" and "Claim", minting Uniswap LP NFTs and airdropping them to addresses.
The site is made to appear as Uniswap and is almost certainly malicious. [Edited to remove twitter auto-linking]
1/ EARN OP by auto-compounding:
During the next few months we will be distributing 240,000 OP, received from the Optimism Collective, to accelerate the growth of the auto-compounder, and Uniswap v3 liquidity, on Optimism.
"LPs lose money hand over fist (on ETH/BTC)"
16% APR on a 0.06 to 0.08 range, and this is after significant price divergence in the last couple of weeks.
We have confirmed that this was an exploit to our v3utils contract used in the new "atomic swap into v3 position" functionality. Here is an inital explanation of what happened
We have gotten reports from 2 users about an attack involving approvals to our v3utils contract. We are investigating and will report further.
We recommend using for following addresses:
Most often repeated misconception on AMM LPing is "volatility is bad". Volatility can be great. What's bad for your PNL is "price divergence".
A pair with high volatility that reverts often to your initial price. That's the sweet spot.
1/ Hello LPs! We are thrilled to introduce two transformative features to the Revert toolkit, enhancing your LP experience on Uniswap v3: Auto-Exit and Auto-Range.
Interesting development happening on the USDC/ETH pools on Uniswap v3.
The biggest pool by TVL for that pair is the one with 0.3% fees, with 419m TVL and 326m in volume in the last 24 hours. The 0.05% pool has now 9.95m TVL and over 75m in volume in the same period.
This episode of the
@DefiantNews
podcast with
@danrobinson
is definitely worth listening to. Loved the following excerpt on how to think about the possible future of LPing vs traditional market making
We are launching Filters for Top positions!
One of our top requested features is now available on Mainnet
@0xPolygon
@optimismFND
@arbitrum
Drill down on
@Uniswap
positions for any chain by assets, PNL, APR, total value, owner, and age.
Give it a try!
1/ We’re excited to share that the first cohort of UAGP grant recipients has been selected (pending KYB)! The committee feels strongly that these five companies represent and serve the collective goals of the Uniswap and Arbitrum ecosystems and looks forward to seeing them grow!
The man actually created something that could have a new messaging protocol for the internet. Then shut down third party API access to better compete with Facebook.
You don’t own “web3.”
The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label.
Know what you’re getting into…
A "v3 strategy vault" is linking to analytics on our site. Sounds good except they change liquidity to a new position as soon as it gets rekt by divergence loss and update the link to the new position in the green. Scammy as it can get.
Stay safe out there.
Here, in the vast tapestry of the fields, we observe an extraordinary assembly of farmers, their formation echoing the intricate patterns of nature itself
Countdown to chaos: In less than 2 hours, dive into Revert Lend's
@code4rena
audit battle. Crack the code, disrupt the protocol, and grab your slice of the $88,500 bounty.
Ready to dominate?
(Artwork by code4rena)
Top position in the Optimism auto-compounder incentives period 1.
The APY improvement via auto-compounding is an estimatd 7.5% over the Fee APR.
(APR does NOT include rewards)
🚨Period 1 rewards will be claimable in a few hours, period 2 starts Friday.
1/ Exciting update! We've introduced "Alternative Performance Benchmarks" to your dashboard – a feature many of you have long been requesting. Let’s explore what it means.
"Divergence loss" over "impermanent loss", no doubt.
Let us posit however: Divergence PNL.
"Divergence profit"?!
Why yes sir, madam.
If your frame of reference is, say, ETH, and you LP with a token that appreciates against ETH, then the effect of price divergence is more ETH.
Announcing expanded support fo Uniswap on BNB:
- Backtest and initiate positions
- Activate auto-compounding
- Monitor account/position performance in your dashboard
- Top positions coming soon!
Rampant animosity between lending protocols is pointless.
Lending is not a winner-take-all market. Diverse risk preferences, assets, and structures result in a multitude of protocols and a more robust system overall.
Revert Lend will be the greatest agricultural bank in DeFi
We've been using the noobie.eth account to demo the app, because what a legend. This is the state of their current open
@apyfinance
@Uniswap
LP position.
👀
This is ostensibly the worst performing open position on Uni v3 by PNL. It is down 2.9B USD against HODL.
A terrible case of IL? Not really.
Someone just sold 776,725,644,350 TORG for 216 ETH. They originally deposited 777,000,000,000 TORG and 0.0777 ETH
1/ Big update on “Top Positions” just dropped allowing you to filter across chains
e.g. “Top positions for wbtc/eth, older than 10 days, across Mainnet, Polygon, Arbitrum, and Optimism, sorted by APR”
1/ Time-vested incentives programs for
@Uniswap
v3. Why does it matter? Incentivizing liquidity in Uniswap v3 has not really worked out as well as a lot of us expected. The v3staker is a brilliant mechanism, and security-wise it also leaps ahead of what we had in the Univ2 days.
0x2a0BA has initiated 48 different positions on ETH/USDT, ETH/DAI, and ETH/USDC of
@Uniswap
v3 during the last 17 days.
The total PNL for this positions is 798k on 13.2m capital.
The strategy APR is ~129%.
Gas costs: ~5k.
Round 13 of
@gitcoin
grants is now live!
Revert's mission is to build powerful analytics tools for LPs in AMM protocols while keeping them open and accessible by everyone.
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