On September 21, Uniswap, one of the leading decentralized exchanges (DEX), announced the launch of Uniswap University in collaboration with DoDAO, a blockchain education-focused organization. Uniswap University aims to provide users with a structured learning pathway to onboard them to the latest version of the exchange, Uniswap v3, through various educational resources such as courses, simulations, and quick guides.
The educational platform caters to users with different levels of knowledge and experience in decentralized finance (DeFi) and DEXs. It covers a wide range of topics, starting from the basics like “What is a DEX?” to more advanced subjects like “Strategy Backtesting Tools.” By offering comprehensive courses and hands-on simulations, Uniswap University allows users to gain practical experience and better understand the intricacies of using Uniswap v3.
One of the advanced courses offered by Uniswap University focuses on teaching users the fundamentals of becoming a liquidity provider on the v3 protocol. The course explores various strategies such as holding stable coins, maintaining equal amounts of two different tokens, holding 100% of a single token, providing wide or narrow range liquidity, and supplying liquidity in volatile token pools. Each strategy has its own set of advantages and drawbacks, empowering users to make informed decisions based on their risk appetite and desired outcomes.
Uniswap’s decision to launch an educational platform comes after the expiration of its Business Source License (BSL) earlier this year. This expiration allowed developers to fork the Uniswap v3 protocol and deploy their own DEXs. Since its launch in May 2021, Uniswap v3 has gained significant traction and even surpassed Bitcoin in terms of fee generation. On the Ethereum mainnet alone, Uniswap v3 facilitated over $451 million worth of trades, highlighting the platform’s popularity among users.
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The total value locked (TVL) in Uniswap’s v3 protocol, which includes liquidity pools, staking, and decentralized finance (DeFi) lending, currently stands at $3.2 billion. According to DefiLlama, the combined revenue generated by Uniswap’s v1, v2, and v3 protocols amounts to $327 million per year. These numbers underscore the substantial impact and profitability of Uniswap as a decentralized exchange. During the peak of the bull market in 2021, Uniswap reached a TVL of $10 billion, demonstrating its dominance in the DeFi space.
Uniswap University aims to address the challenges and complexities associated with concentrated liquidity in Uniswap v3. The platform understands that navigating the intricacies of DeFi and specialized financial strategies can be overwhelming for many users. Therefore, Uniswap University provides a structured learning pathway to ensure that all participants can grasp the concepts and use Uniswap v3 effectively.
Ultimately, the launch of Uniswap University represents a significant step forward for Uniswap in enhancing user education and onboarding. By creating a comprehensive and accessible learning platform, Uniswap is empowering users to participate in the decentralized finance revolution and take advantage of the opportunities offered by the Uniswap v3 ecosystem. Whether users are beginners or experienced traders, Uniswap University equips them with the knowledge and skills to navigate the world of decentralized exchanges and make informed investment decisions.
