v3 lands in a month or so
Beginning of may for L1 and most likely mid-may for the L2 version (on Optimism).
We now have enough details on v3 to get the liquidity rewards debate back on track.
As it was the case before, it’s a really tough question to answer.
To make a long story short, Uniswap pretty much proved that it could keep a dominant marketshare while not rewarding its LPs.
Now that v3 is here, a new question arises :
should we choose to bootstrap v3’s launch with a brand new, limited (1 month or so ?) liquidity mining campaign ? It would probably be a good thing to incentivize users to take on the new smart contracts risks at play here (and even more so on Optimism where risks are compounded)
But, in the longer-term view, the old question still remains :
Are we counting on v3’s superiority alone to keep dominating the market while others (Curve, Sushi) are pumping out tokens most likely for the years to come. ?
Inflation could be used as a tool. That’s what most protocols are doing with varying degrees of success. Maybe we should consider electing a committee for liquidity mining questions (like we did for grants)
Vive v3 !
Long live v3