Uniswap 生态系统参与者

Ecosystem Participants

participants

The Uniswap ecosystem is primarily comprised of three types of users: liquidity providers, traders, and developers. Liquidity providers are incentivized to contribute ERC-20 tokens to common liquidity pools. Traders can swap these tokens for one another for a fixed 0.30% fee (which goes to liquidity providers). Developers can integrate directly with Uniswap smart contracts to power new and exciting interactions with tokens, trading interfaces, retail experiences, and more.

In total, interactions between these classes create a positive feedback loop, fueling digital economies by defining a common language through which tokens can be pooled, traded and used.

Liquidity Providers

Liquidity providers, or LPs, are not a homogenous group:

  • Passive LPs are token holders who wish to passively invest their assets to accumulate trading fees.
  • Professional LPs are focused on market making as their primary strategy. They usually develop custom tools and ways of tracking their liquidity positions across different DeFi projects.
  • Token projects sometimes choose to become LPs to create a liquid marketplace for their token. This allows tokens to be bought and sold more easily, and unlocks interopability with other DeFi projects through Uniswap.
  • Finally, some DeFi pioneers are exploring complex liquidity provision interactions like incentivized liquidity, liquidity as collateral, and other experimental strategies. Uniswap is the perfect protocol for projects to experiment with these kinds of ideas.

Traders

There are a several categories of traders in the protocol ecosystem:

  • Speculators use a variety of community built tools and products to swap tokens using liquidity pulled from the Uniswap protocol.
  • Arbitrage bots seek profits by comparing prices across different platforms to find an edge. (Though it might seem extractive, these bots actually help equalize prices across broader Ethereum markets and keep things fair.)
  • DAPP users buy tokens on Uniswap for use in other applications on Ethereum.
  • Smart contracts that execute trades on the protocol by implementing swap functionality (from products like DEX aggregators to custom Solidity scripts).

In all cases, trades are subject to the same flat fee for trading on the protocol. Each is important for increasing the accuracy of prices and incentivizing liquidity.

Developers/Projects

There are far too many ways Uniswap is used in the wider Ethereum ecosystem to count, but some examples include:

  • The open-source, accessible nature of Uniswap means there are countless UX experiments and front-ends built to offer access to Uniswap functionality. You can find Uniswap functions in most of the major DeFi dashboard projects. There are also many Uniswap-specific tools built by the community.
  • Wallets often integrate swapping and liquidity provision functionality as a core offering of their product.
  • DEX (decentralized exchange) aggregators pull liquidity from many liquidity protocols to offer traders the best prices but splitting their trades. Uniswap is the biggest single decentralized liquidity source for these projects.
  • Smart contract developers use the suite of functions available to invent new DeFi tools and other various experimental ideas. See projects like Unisocks or Zora, among many, many others.

Uniswap Team and Community

The Uniswap team along with the broader Uniswap community drives development of the protocol and ecosystem.


Uniswap生态系统主要由三类用户组成:流动性提供者、交易者和开发者。流动性提供者被激励向共同的流动性池贡献ERC-20代币。交易者可以通过固定的0.30%的费用将这些代币相互交换(这些代币归流动性提供者所有)。开发者可以直接与Uniswap智能合约集成,为新的、令人兴奋的代币互动、交易界面、零售体验等提供动力。

总的来说,这些类别之间的互动创造了一个积极的反馈循环,通过定义一种共同的语言来推动数字经济,通过这种语言,代币可以被汇集,交易和使用。

流动性提供者

流动性提供者,或叫 LPs,并不是一个单一的群体。

  • 被动型LP是希望被动投资资产以积累交易费用的代币持有人。

  • 专业LP以做市为主要策略。他们通常会开发定制的工具和方式来跟踪他们在不同DeFi项目中的流动性头寸。

  • 代币项目有时会选择成为LP,为其代币创造一个流动性市场。这使得代币可以更容易地买卖,并通过Uniswap解锁与其他DeFi项目的互操作性。

  • 最后,一些DeFi先驱者正在探索复杂的流动性提供互动,如激励性流动性、流动性作为抵押品以及其他实验性策略。Uniswap是项目实验这类想法的完美协议。

交易者

在协议生态系统中,有几类交易者。

  • 投机者使用各种社区构建的工具和产品,利用从Uniswap协议中提取的流动性交换代币。

  • 套利机器人通过比较不同平台的价格来寻找优势,从而寻求利润。(虽然这看起来似乎是一种榨取,但这些机器人实际上有助于在更广泛的Ethereum市场上均衡价格,并保持公平。)

  • DAPP用户在Uniswap上购买代币,用于Ethereum上的其他应用。

  • 通过实现交换功能在协议上执行交易的智能合约(从DEX聚合器等产品到定制的Solidity脚本)。

在所有情况下,在协议上交易都要支付相同的统一费用。每一种都对提高价格的准确性和激励流动性很重要。

开发者/项目

Uniswap在更广泛的Ethereum生态系统中的使用方式太多了,无法计数,但一些例子包括:

  • Uniswap的开源、可访问性意味着有无数的UX实验和前端构建,以提供对Uniswap功能的访问。你可以在大多数主要的DeFi dashboard项目中找到Uniswap功能。还有许多由社区构建的Uniswap专用工具。

  • Wallets通常将交换和流动性提供功能整合为其产品的核心产品。

  • DEX(去中心化交易所)聚合器从许多流动性协议中抽取流动性,为交易者提供最好的价格,但要分割交易。Uniswap是这些项目最大的单一去中心化流动性来源。

  • 智能合约开发者使用可用的功能套件来发明新的DeFi工具和其他各种实验性想法。请看UnisocksZora等项目,还有很多很多其他项目。

Uniswap团队和社区

Uniswap团队与更广泛的Uniswap社区一起推动协议和生态系统的发展。