In conclusion, Hermes V2 leverages concentrated liquidity to create more efficient bribes for LPs, with up to 100x improvement. Stay tuned for a follow-up article on optimal minimum ranges for various pool types! 📚🔍 #UniV3#HermesV2
https://t.co/J5Ggbq2ri2
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As concentrated liquidity adoption grows, we expect the market to optimize further. Bribing bHERMES to direct emissions to Uniswap V3 pools will be one of the most efficient ways of renting liquidity. 🌏
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By utilizing Uniswap V3 architecture, Hermes V2 enables greater capital utilization in pools, making it cheaper to add concentrated liquidity pools and diluting existing rewards less. 🌊
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Comparing capital efficiency between sAMM, Uniswap V3, and Uniswap V2, we find that concentrated liquidity can significantly increase capital efficiency (up to 20,000x) for stable pairs, requiring only 6.3% of capital for the same depth. 📈
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In Hermes V2, NFT positions with a minimum range can be staked. The minimum range depends on the pool's assets, like DAI-USDC for tightly correlated assets and ETH-USDC for uncorrelated assets. 🌐
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DeFi protocols require liquidity to operate efficiently. Concentrated liquidity, as introduced in Uniswap v3, allows providers to define price ranges for asset use, reducing costs and enabling experimentation in incentive system design. 🔧
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~Incentives Efficiency in Concentrated Liquidity Environment with Hermes V2~
It's possible to achieve 2x to 100x improvement in bribe efficiency, benefiting both protocol tokens and Hermes emissions. Sometimes, less is indeed more! 💡👇
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There are two types of Ports in Ulysses: Branch Ports and Root Ports. Each chain has one Branch Port, serving all Branch Routers present, handling withdrawal, depositing, and interaction with virtualized token contracts.
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~Ulysses Ports~
Ulysses introduces Ports, key components in its omnichain architecture, as liquidity repositories managing capital across multiple chains.
Each chain where Ulysses is present has its own Port, ensuring smooth asset management for users.
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The Root Port is on the Root Chain, communicating with all connected Root Routers. It maintains the global state of Virtualized Tokens, registering mappings between underlying/local/global addresses and managing token actions.
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Ulysses' Ports play a crucial role in the success of the omnichain system. By streamlining asset management and ensuring seamless cross-chain liquidity, Ports demonstrate Ulysses' commitment to a decentralized, interconnected financial ecosystem.
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Yields are the backbone of DeFi to bootstrap liquidity.
However, if you can't see where the yield is coming from, you're the yield.
Maia V2 is positioned to become the best yield powerhouse on Metis.
Here is all that you need to know 🧵
@NagatoDharma - In V2 MAIA and HERMES will go Omnichain with Arbitrum, Optimism, Ethereum main chain and many others. Allowing much more volume and liquidity.
- The possibility and potential are quite large.