🚀 Unleashing the Power of Uniswap V3 LP: Enter the Game-Changing UI of Predy Finance 🌟
Hello, crypto enthusiasts! 🎉 Today we’re tackling an exciting new development that’s causing ripples in the crypto space: The innovative relationship between Predy Finance’s new UI and Uniswap v3’s LP. In this article, we’ll explore three key themes:
- The breakthrough of Predy Finance’s deployed new UI
- An overview of Uniswap v3’s LP
- The correlation between Uniswap v3’s LP and Predy Finance’s Short Strangle
Without further ado, let’s dive right in! 🏊♀️
1. The Breakthrough of Predy Finance’s Deployed New UI 🚀
Predy Finance has deployed a fresh UI that delivers a revolutionary user experience (UX). What makes it revolutionary? It makes using USDC as margin for Uniswap’s LP as easy by one click!️ The beauty of it lies in two main features:
- A significant reduction in Impermanent Loss
- The requirement for minimal funds
Once you’ve deposited, all you need to do is:
1. Select “Short strangle” 🔄
2. Choose “Neutral” ➡️
3. Pick your “Size” 👌
With just a margin of under $100, you can potentially earn around $1 in daily fees! But you might wonder, “How does this relate to Uniswap’s LP?” Well, let’s get into that in the next section.
2. What is Uniswap v3’s LP? 🧐
Let’s briefly explain Uniswap v3’s LP (Liquidity Provider). Suppose you’re providing liquidity to the USDC-ETH pair worth $1000.
Your LP position’s value will follow a particular graph, with the slope changing based on the Liquidity Range. In return for holding this position, Uniswap v3 rewards you with Swap Fees.
This can be equated to the premium of a Short PUT Option.
For more details, do check out blogs from folks like Guillaume Lambert.
3. The Correlation between Uniswap v3’s LP and Predy Finance’s Short Strangle 🧩
Let’s briefly explain Uniswap v3’s LP (Liquidity Provider). Suppose you’re providing liquidity to the USDC-ETH pair worth $1000.
Your LP position’s value will follow a particular graph, with the slope changing based on the Liquidity Range. In return for holding this position, Uniswap v3 rewards you with Swap Fees.
Part of the position of Predy Finance’s Short Strangle consists of the Uniswap v3 position, allowing you to take a position that’s relatively unaffected by ETH price changes. This strategy is known as Delta hedging.
Most LPs on Uniswap typically hold a Short position in Perpetual ETH on platforms like Cex for Delta hedging, but with Predy Finance, you don’t need this specialized knowledge.
What’s truly astonishing is that, while Uniswap required a total of $1000 in USDC and ETH, with Predy, you can start with less than $100! Of course, since it’s a risky position, it’s safer to have around $300 in your Vault, but that’s still less than a third!
So, why not take the plunge and start your Uniswap LP journey with Predy? The gateway to a new era awaits! 🎉🚀
