{"id":277245,"date":"2021-06-17T19:32:35","date_gmt":"2021-06-17T16:32:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/gelato-network-launches-g-uni-uniswap-v3-management-token\/"},"modified":"2021-06-17T19:32:35","modified_gmt":"2021-06-17T16:32:35","slug":"gelato-network-launches-g-uni-uniswap-v3-management-token","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gelato-network-launches-g-uni-uniswap-v3-management-token\/","title":{"rendered":"# Gelato Network launches \u2018G-UNI\u2019 Uniswap v3 management token"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35ffce25079\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35ffce25079\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/gelato-network-launches-g-uni-uniswap-v3-management-token\/#Composability_and_incentives\" >Composability and incentives<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Gelato Network launches \u2018G-UNI\u2019 Uniswap v3 management token <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvNDJiZWExNzYtMWE3OS00OGVlLTgwNjEtNGMyMDc5YzQyZmJlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>While Uniswap\u2019s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools \u2014 a problem that a new product from the Gelato Network is aiming to fix.\u00a0<\/p>\n<p>First teased in a community call last week, the Gelato Network has released today the details of their \u201cG-UNI\u201d Uniswap v3 management system. G-UNI aims to perpetually maintain a liquidity range of 5-10% within the current price, with an oracle network checking prices and rebalancing liquidity pool positions every half hour. G-UNI also automatically re-invests trading fees for compounding returns. <\/p>\n<p>\u201cPassive G-UNIs work by just providing very broad liquidity, similar to Uniswap v2 that never has to be changed,\u201d an announcement blog post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/gelato-network\/introducing-g-uni-lp-like-a-pro-in-uniswap-v3-8fd6fdf9fc35\">reads<\/a>. \u201cIt thus can be completely free of anyone\u2019s control as it does not require changes in its price range.\u201d<\/p>\n<p>While Uniswap v3 allows liquidity providers to earn more fees by concentrating their funds at specific prices, it opens them up to risk of impermanent loss if the price range of the trading pair moves beyond the provider\u2019s specified range. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"nl\" dir=\"ltr\">Update: REKT \u2620\ufe0f <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/0MF0gCd9sm\">https:\/\/t.co\/0MF0gCd9sm<\/a><\/p>\n<p>\u2014 ameen.eth (@ameensol) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ameensol\/status\/1398653193505050626?ref_src=twsrc%5Etfw\">May 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The blog post notes that G-UNI\u2019s auto rebalancing brings the benefits of concentrated liquidity, but with the option of passively managing the position in a manner more in line with Uniswap v2.\u00a0<\/p>\n<blockquote><p>\u201cThe advantage of this includes that users can sit back and relax as all the difficulties that come with monitoring LP positions are taken care of.\u201d<\/p><\/blockquote>\n<h3><span class=\"ez-toc-section\" id=\"Composability_and_incentives\"><\/span>Composability and incentives<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>While the new tool will be a boon to passive liquidity providers, the real benefits of G-UNI might be for other DeFi protocols.\u00a0<\/p>\n<p>A self-described \u201cLegendary Member\u201d of Gelato, Hilmar, noted that projects can now incentivize concentrated liquidity in \u201cpool 2\u201d liquidity pools. Pool 2 is a colloquialism for a native governance asset paired with a popular base asset, such as ETH or MATIC. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">3) Having an ERC20 wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>er around Uni V3 LP positions is extremely powerful, as this enables teams like Instadapp to offer &#8220;Liquidity Mining&#8221; incentive schemes on top of G-UNI. <\/p>\n<p>This means you can now incentivize your community to provide liquidity around specific ranges<\/p>\n<p>\u2014 Hilmar X \u51b0\u6dc7\u6dcb \u56e2\u961f (@hilmarxo) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hilmarxo\/status\/1405267824700846081?ref_src=twsrc%5Etfw\">June 16, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Projects often have to provide ample liquidity mining incentives for participants in pool 2s, as liquidity providers take on the risk of the native governance token collapsing in price. Concentrated liquidity rewards may help stabilize native asset prices to a more regular range.\u00a0<\/p>\n<p>Additionally, G-UNI is a ERC-20 token as opposed to a NFT, which opens it up to a broader number of possible applications in DeFi. Many lending platforms accept liquidity pool tokens as collateral, but aren&#8217;t yet widely prepared for positions represented as NFTs; G-UNI will allow them to onboard v3 liquidity positions faster. Likewise, yield vaults like Yearn.Finance, which has been planning to incorporate exchange positions for some time, may find it easier to integrate ERC-20s. <\/p>\n<p>G-UNI will be used out of the gate as part of the launch of Instadapp\u2019s governance token. The team is setting aside 1,000,000 INST tokens for INST\/ETH liquidity mining, with 3\/4ths of the rewards focused on a higher INST price liquidity range. <\/p>\n<p>Per the Instadapp dashboard, the incentivized pools are currently live and offering 2,200% and 1,800% APY respectively. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/gelato-network-launches-g-uni-uniswap-v3-management-token\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Gelato Network launches \u2018G-UNI\u2019 Uniswap v3 management token &#8221; While Uniswap\u2019s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools \u2014 a problem that a new product from the Gelato Network is aiming to fix.\u00a0&#8230;<\/p>\n","protected":false},"author":1,"featured_media":277246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvNDJiZWExNzYtMWE3OS00OGVlLTgwNjEtNGMyMDc5YzQyZmJlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,74891,107545,88700],"class_list":["post-277245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-ethereum","tag-liquidity","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/277245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=277245"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/277245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/277246"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=277245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=277245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=277245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}