What is Unipilot Protocol? Unipilot Protocol is a liquidity management protocol on centralized liquidity AMMs, most typically Uniswap V3. The protocol helps users providing liquidity earn high fees without having to monitor positions regularly.
So what is Unipilot Protocol? How does it work? Let’s find out in this article!
To understand more about Unipilot Protocol, you should read the following articles:
- Uniswap Ecosystem: When Providing Liquidity Becomes a Protocol Strategy
- Operating mechanism: Uniswap – From challenger to unique position
- Series 3: Real Builder in Winter | Uniswap – The True Unicorn Cryptocurrency Ever Produced
- Series 4: Real Builder in Winter | Trader Joe – From a Follower to a Leader
- Uniswap & TraderJoe: Centralized Liquidity War. Is Joe the Winner?
What is Unipilot Protocol?
Overview of Unipilot Protocol
Unipilot Protocol is a liquidity management protocol on centralized liquidity AMMs, most typically Uniswap V3. The protocol helps users providing liquidity earn high fees without having to monitor positions regularly. The protocol supports networks such as Ethereum, Polygon, Arbitrum and soon Optimism.
Unipilot keeps liquidity within optimal ranges without users needing to predict the best price range nor pay gas fees to maintain active positions. Bring better experience and higher profit potential for LPs. For projects, this optimization also results in greater capital efficiency for their tokens and allows for trading with lower slippage.
Unipilot will collect a protocol fee equal to 10% of users’ profits earned when Farming liquidity on Uniswap V3 through the protocol. This amount is then used to reward PILOT stakers and cover protocol costs.
Unipilot initially focused support on Uniswap V3 then expanded to support other centralized liquidity Dex AMMs.
Mechanism of action
Users deposit liquidity into the Pool on Unipilot and receive LP Tokens representing their liquidity on the protocol. The protocol then aggregates liquidity in the Pool to transfer to Uniswap V3 Liquidity Farm. Thanks to Unipilot monitoring and managing liquidity, users will earn more fees. And 10% of the profits earned from fees will be the protocol’s revenue.
Development Roadmap
First quarter 2023
- Expand operations to Arbitrum
- Quickswap Audit
- Build partnerships
Second quarter of 2023
- Quickswap integration
- Expand to other Chains
- Build partnerships
Core Team
Updating…
Investors and Partners
Investors
Updating…
Partners
Unipilot Protocol is a partner of projects such as Unstoppable, Metavault.Trade, AMP,…
Tokenomics
Overview information about Token Unipilot
- Token Name: Unipilot
- Ticker: PILOT
- Blockchain: Ethereum
- Standard: ERC-20
- Contract: 0x37c997b35c619c21323f3518b9357914e8b99525
- Total supply: 4,616,743
- Maximum supply: 4,616,743
Token Allocation
Updating…
Token Release
Updating…
Token Use Case
PILOT Token holders can participate in governance and share revenue from the protocol.
Exchanges
PILOT tokens are traded on Uniswap and BKEX exchanges.
Unipilot Protocol Information Channel
- Website: https://unipilot.io/
- Twitter: https://twitter.com/unipilot_io
- Medium:
Summary
Unipilot Protocol is a protocol created to help users manage and optimize profits when Farm liquidity on Uniswap V3. This model is also meeting great demand from the market and this is also a potential niche. But can Unipilot beat its competitors?
So I have clarified what Unipilot Protocol is? Unipilot cryptocurrency overview. Hope this article brings you a lot of useful knowledge!