Unipilot unveils Pilot Protocol Liquidity Optimizer which increases price by 1,260%


Following the unveiling of the Unipilot pilot protocol, a price increase of 1.260% for the PILOT system token was achieved. Decentralized exchange protocol takes advantage of the new Uniswap v3 which allows liquidity providers to specify the desired price range, thereby maximizing their returns

/ EIN News / – London, UK, November 16, 2021 (GLOBE NEWSWIRE) –

Unipilot has just launched the pilot protocol and has seen a massive 1.260% price increase for its pilot token. The Pilot Protocol takes advantage of the new Uniswap v3, allowing liquidity providers to specify the desired price range, thereby maximizing their returns. Instead of spreading cash across a hefty price curve, investments can now target within a specific range, saving time by ditching the once-required manual monitoring and gasoline costs that made it much more expensive.

Taha Haq, Sales Coordinator and Marketing Director of Unipilot, said: “Unipilot was first imagined when Uniswap published its article describing the functionality of V3. The concept of allowing cash pools to concentrate their cash in smaller price brackets to earn more fees set the wheels in motion for a service that could optimize and automate the process on behalf of users. We have seen a gap in the market for a service that removes the complexity of actively managing liquidity while maximizing returns on capital. Efficient liquidity management through automation is a revolutionary development and will be welcomed by the crypto industry with far-reaching applications on the horizon for new businesses. Haq went on to say, “Uniswap aims to be the one-stop solution to provide automatically optimized liquidity in a transparent manner to various automated market makers.” Uniswap V3 is the first automated market maker to offer the “Concentrated Liquidity” functionality to users. Once other automated market makers start offering this functionality, Unipilot will be able to upgrade its smart contract to also interface with these automated market makers and allow users to access them.

Get answers to questions from the Telegram community: https://schooner.io/unipilot-telegram-community

Follow Unipilot on Twitter: https://schooner.io/ujnipilot-twitter

Typically, liquidity providers need to monitor and manage capital on an ongoing basis. No fees are charged when prices fluctuate and silver goes out of the active price range. Tracking the dynamic price range to adjust the invested liquidity is time consuming and requires more capital investment due to the high transaction costs. Unipilot solves these problems with Pilot Protocol.

Growth to come

Unipilot is well positioned for growth with Pilot Protocol. Liquidity farming has been revolutionized by Uniswap v3 and the automated liquidity managers used with the pilot protocol, ensuring long-term growth and sustainability of the business.

Disclaimer: The information on this page does not constitute investment advice, or any other type of advice, and should not be taken as such. Before making any investment decision, readers should do their own research.

Written by: Robert Stone

@Shake_the_Web on Twitter

Website: https://thecryptomarketingcompany.com/


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