Hi Uniswap investors and community!
We are extremely excited to present Arrakis Finance as a Uniswap delegate. As a protocol that was one of the first to build on top of Uniswap V3 and at a high point was managing more than 25% of the UniV3 TVL, we feel it fitting to get more involved in the governance system and giving a voice to active and retail Liquidity Providers (LPs).
We hope to bring a unique viewpoint to the Uniswap governance.
Our Governance Focus:
As a protocol that is fully focused on LP infrastructure and strategies on top of UniV3, we will bring the stance of both the professional LPs, as well as the retail/protocol LPs.
We will provide input, recommendations and research from the LP’s perspective
We will focus on growth of the Uniswap protocol where we see fit and demand from the LP side of the uniswap market.
About Us:
Arrakis is web3's trustless market making infrastructure protocol that enables running sophisticated algorithmic strategies on Uniswap V3. Liquidity providers can utilize Arrakis Vaults to have their liquidity be managed in an automated, capital efficient, non-custodial and transparent manner.
Arrakis Finance started in early 2021, shortly after the Uniswap v3 whitepaper was released. The introduction of concentrated Liquidity AMMs promised to finally disrupt the need for traditional Centralized Exchanges (CEX) in terms of efficiency, enabling AMMs to behave similar to their Central Limit Order Book (CLOB) counterparts.
These substantial efficiency improvements over older constant product AMMs unfortunately came at the cost of Liquidity Providers (LPs) facing substantial complexity and overhead associated with trying to fully leverage the potential of providing liquidity in a concentrated fashion on Uniswap V3.
Why Arrakis Finance:
Arrakis Finance is deeply aligned with Uniswap’s success. We believe the current ecosystem of governance delegators is fantastic, but do however believe that we could add value from a different angle than all the other delegates.
As mentioned previously we come from the LPing angle, and attracting LPs is one major part of the chicken and egg problem that all DEXs face. In order for Uniswap to continue to improve and grow we need to make sure that the LPs are happy and agree with the direction the protocol is taking. This is the voice that we want to be.
We will vote on proposals with the eyes of the LPs in mind, furthermore we will bring forward proposals, ideas and constructive discussions all around the LPing landscape.
We look forward to actively participating in the future development and growth of the Uniswap protocol!
If you’re interested in delegating to us you can do so in the following way:
- Head to https://vote.uniswapfoundation.org/
- Search for arrakis.eth and click “Delegate”
