Temperature Check - Create a CAPITAL PROTECTION Tool for v3!

Temperature Check
1

Would you like to have 100% protection against volatility for your crypto?? This could be done using the new Concentrated Liquidity of v3 by just changing or adding a few things!

Imagine adding liquidity to the ETH/USDC pair for example (50% of each), and in case the ETH price drops and gets out of your range, your capital is turned 100% into USDC!! This way you would be 100% PROTECTED against LOSSES! And in case the ETH price goes up again and completely crosses your range in an upward direction, your capital would be automatically swaped 100% into ETH!!

You could even manually FOLLOW or TRAIL the ETH price every time it goes up, by removing and adding a new liquidity range at a higher price, and this could help you MAXIMIZE YOUR PROFITS!! You could very efficiently trade tops like this! Just imagine trading perfectly the ETH TOP of this Bull market! Either if it is 10k, 15k, or 20k, you could just follow it and trade it perfectly!! And after it drops, you can continue to follow the price, GROWING YOUR CAPITAL thanks to a high yield from fees, and volatility itself! Knowing your capital is always completely PROTECTED against ANY LOSSES!!

The problem now is that the direction of the swaps inside a liquidity range are exactly the opposite as they should be… Using the same example, if the ETH price drops out of your range, your capital is swaped 100% into ETH, and if the price goes up and gets out of the range, your capital is 100% swaped into USDC… It should be the exact opposite!

So this is a PROPOSAL to change the direction the swaps are made inside a liquidity range to the exact opposite they are now, or to at least let the users choose the direction of the swaps when they add liquidity to the pools or create ranged orders.

If we make this change, it would be DISRUPTIVE and Uniswap will completely BREAK all other DEXs and CEXs!! People would LOOSE the FEAR of loosing their money because of volatility!! This would easily help with crypto’s mass adoption!! And it will definitely drive more LPs to v3!! Please think about it and support this proposal! Thanks!!

VOTE HERE: Snapshot
** To VOTE you need to DELEGATE the UNI in your wallet to use them as votes here: Uniswap Interface

Uniswap Liquidity Ranges
Uniswap Liquidity Ranges1470×692 146 KB

1 Like
2

Thank you all for your votes! Now tell all your crypto whale / dolphin / shark friends to support our proposal so we can make this a reality!!

3

Monetsupply, care to explain why did you vote NO with 4 million UNI?? This change will benefit you and other whales more than anyone! Specially when you have 83 million USD worth of UNI… wouldnt you want to be able to protect your investment better with this small change?? This doesnt even have a negative effect on anyone, why would you do this??

4

My guess is that Monetsupply is a core developer at Uniswap and for some reason he doesnt want this change to go live, maybe because is hard to do or simply cant make it? Any other core devs care to confirm this? Either way its too much overkill for a temperature check proposal, very weird indeed!!

5

Thank you all for your awesome votes!! We will do a follow up proposal simplifying the end goal so its easier to understand and hopefully we get some whale support!