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Uniswap V3 Based ‘Universe Finance’ Reveals Plans of Launch

News Feed - 2022-02-12 03:02:25

Uniswap V3 Based "Universe Finance" Reveals Plans of Launch press release


PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liquidity management platform on Ethereum and Polygon.


What can Universe Finance offer?


Security is one of the most problematic things when it comes to the DeFi sector. Several assaults have disabled various protocols and stolen countless funds from so many investors within the past ten years or so. Universe Finance believes that security is key and it has hence strived to become extremely safe by deploying mechanisms that enable it to prevent flash loan assaults, sandwich attacks, price oracle manipulation, attacks on private keys, and also excessive contract authority. Universe Finance utilizes extremely limited parameters as well as a multi-signature scheme in addition to white hat hackers, a real-time risk management system, an audit report and a private vault.


To provide an even safer overall experience, Universe Finance employs a backtesting platform and active LP management quantitative methods along with different vaults like the leveraged vault, smart vault and the hedge vault. The team claims that Universe Finance’s top priorities are security and being able to offer fantastic returns on investments, a consistent source of income, minimal expenses, risk grading, and a simple method to generate income via Uniswap V3.


What advantages can Uniswap V3 provide?


Universe Finance picked Uniswap V3 for a variety of reasons. By expanding liquidity in a certain range, Uniswap V3 can help increase LP profit several times over when compared to V2. It is also one of the top DEXs right now, with outstanding depth and little slippage, as well as a large transaction volume and market share.


Moreover, while there may be certain problems like high gas fees, rebalance timing issues, and so on, Universe Finance has developed a solution in the form of proactive liquidity management tools which users can utilize to automatically manage risk levels and reinvest with little to no complications.


About Universe Finance


Universe Finance is the active liquidity management platform of Uniswap V3 that is premised on risk ranking and quantitative procedures. Its goal is to maximise Uniswap V3 returns and liquidity income for consumers.


As a result, its overall objective is to deliver a yield platform with the highest and most consistent real rate of return which can be found in this industry. To that purpose, it has already formed alliances with Polygon, Poolz, Instadapp, Olympus, DODO, 4sv.io, Tetu.io, Yield venture, Biconomy, and others.


Universe Finance will also add support for more chains, release the leverage vault soon, manage $1 billion in Uniswap V3 liquidity by 2022, and provide a private vault for DAO treasury administration. There are plans to launch an early adopter airdrop as well.


Be sure to visit the official website and check out Universe Finance’s Discord, Reddit and Twitter channels for more information.


 


  Tags in this story Universe Finance


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