Hey Pablo from Merkl here.
I’m sorry I should have commented earlier on this, and we’ve been in communication with the GFX Labs and other stakeholders on this proposal.
We’re excited on our side to collaborate with the Uniswap governance to facilitate the growth of the protocol on Uniswap V3.
On every chain where Uniswap deploys, we want to provide tools for Uniswap governance and also any protocol to incentivize liquidity on the DEX in the most efficient way possible. The Merkl engine rewards people based on the efficiency of their liquidity, while leaving them the flexibility to LP however they want, tight range, wide range, through an ALM and without facing any opportunity cost.
On top of providing the engine to distribute rewards, we are also going to provide with the interface for everyone to find the yield opportunities and take advantage of them.
We provide reporting tools for people to assess as well the efficiency of their budget.
Note that Merkl is evolving and what was once meant around concentrated liquidity will soon be able to cover any type of use cases. We’re working so people can add custom rules to the base Merkl implementation, like only reward LPs who stayed more than x amount of time, or only reward LPs which have been LP-ing across several pools, …
And all of this will be offered on all these new chains so this program will enable Uniswap to bootstrap on new chains and give everyone the tools to pursue this growth rather than seeking for liquidity from other forks.
Uniswap V3 has been the reason for Merkl being built, and we can’t wait to accompany it on its future phases of growth.