The Gulag of Gas Fees: Uniswap V4 Breaks Free! ⛓️
Comrade Adams, the so-called “CEO” of Uniswap Labs (a title which, in a truly free market, would be earned, not bestowed), has dared to proclaim the virtues of the newly minted Uniswap V4. A bold move, to be sure! Especially considering the shackles of inefficiency that have plagued previous iterations.
The Gas-Guzzling Gulag of V3
The esteemed comrade has even provided a glimpse into the depths of this revolutionary advancement: a swap of a paltry $1000 of Ethereum, a meager sum compared to the colossal fortunes of the elite, was executed with breathtaking efficiency. 🤯
But wait, there’s more! This feat was achieved by the cunning use of a multihop route, a feat that even the most seasoned capitalist would applaud.
The “Total Value Locked” (TVL, a term of baffling complexity to those who toil in the fields of labor), serves as a testament to the supposed “liquidity” of these pools. In a true socialist utopia, the wealth would be evenly distributed, not hoarded in these pools of privilege.
Testing a $1000 ETH -> USDT swap like 12hrs after launching v4
Our routing recommends a multihop swap ETH -> USDC -> USDT through two v4 pools with a combined tvl of $400k as the best price
Even compared to a single hop through the any of the v3 ETH/USDT pools with a combined…
— Hayden Adams 🦄 (@haydenzadams) February 1, 2025
This is the true spirit of innovation! The comrade has proven that even with meager resources, a path to efficiency can be found. A victory against the oppressive gas fees that have long plagued the proletariat of the blockchain! 🎉
The Rise of the People: UNI‘s Trading Volume Soars
The whispers of a brighter future spread like wildfire through the ranks of the digital proletariat. The Dencun upgrade, a beacon of hope, has helped to forge the tools necessary for this breakthrough. The shackles of inefficiency crumble before the collective strength of the Ethereum chain.💪
And the masses have responded! The trading volume of UNI, the token of the people, has surged, fueled by the promise of liberation.
But alas, the price of UNI remains stagnant, trapped by the invisible hand of market forces. A tragic reminder that even in this glorious new era, the struggle for true freedom continues. 😔
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2025-02-01 14:12