Decoding UniSwap Labs' new teaser released on Twitter. V3 confirmed.

Uniswap is currently the biggest DEX with over 1 billion dollars worth of 24hr trading volume at the time of writing this article. It is widely known as the ERC-20 goldmine since so many have made their fortune trading tokens on it. The exchange really got people talking when it airdropped 400 UNI to traders that used its platform. UNI is the governance token which allows holders to vote on its future. 

V3 Announcement

Obviously the first point to discuss is the announcement of Version 3 of the exchange which many see as a gamechanger that will greatly reduce fees etc. The 46 second video is captioned with 3 unicorn emojis which is a clear nod to its subject matter. If this wasn't enough the video ends with an constellation animation which forms the letter V and the number 3 as seen below.


Crypto project logos

From 0:14 until 0:20 a series of objects are seen floating up into space :

1. which is an ethereum wallet
2. Unipig SMM Protocol - Uniswap on ethereum layer 2 testnet
3. MetaMask which is a crypto wallet and gateway
4. AAVE which is one of the largest liquidity protocols.
5. Optimism PBC is a layer 2 solution 
6. Synthetix which is a derivatives liquidity protocol

The man behind the Uniswap protocol has already made it clear that a V3 announcement was imminent leading to social media interest to spike to levels not seen since September last year with google searches trending upwards since the start of the year. 

Several other projects were also touted, as featuring in the video, in the replies to the twitter video announcement although they cannot be verified. These include a polygon spotted in the constellations at the end. Polygon (previously MATIC) is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. The other project is Constellation, which is being interpreted from the end sequence of the video, used to implement security and auditability for complex datasets without changing existing IT infrastructure.

Despite the current red the market in general is seeing today, the crypto community is quite optimistic with this announcement. Speculation is also rife over another airdrop those that have braved the unreal fees of ETH to use the DEX.

What do you think about this teaser? Are you FOMOing for v3 Uniswap?

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