Arrakis is a Web3 protocol that improves how market making is done on Uniswap V3. It's designed to make it easier and more efficient for people to provide liquidity (funds) to the market. Arrakis includes a component called PALM that helps manage liquidity in a balanced way.
What is Arrakis Finance
Here's how it works:
- Multiple Liquidity Positions: Arrakis allows for different positions within a Uniswap V3 pool, offering flexibility in managing funds.
- Cross Fee Tier Vaults: This feature lets you provide liquidity across various fee tiers and move your funds easily.
- Inventory Management: You can choose to use only part of your capital for liquidity, connecting to different swap routers.
- Cross Protocol Rebalancing: Arrakis can combine liquidity from different decentralized exchanges (DEXs).
- Non-Custodial: This means that only the people who deposit liquidity can withdraw it, adding security and trust.
- Fungibility: The vaults in Arrakis can easily work with other parts of the DeFi ecosystem.
- PALM: This part focuses on managing UniV3 positions to ensure there's equal liquidity for buying and selling. It adjusts to price changes to maintain balance.
In summary, Arrakis and PALM offer an innovative solution for liquidity providers in the DeFi space. They make providing liquidity more flexible, automated, and balanced, simplifying the overall experience in the DeFi ecosystem.
Team of Arrakis Finance
Arrakis Finance review
Pros
PALM Vaults
PALM Vaults collect liquidity for token launches, assisting projects in building a strong financial foundation.
Extra Yield on LST
Investors can earn additional returns by pooling LST, enhancing investment benefits.
Cross Protocol Rebalancing
Combines liquidity from various DEXs, optimizing asset allocation.
Non-Custodial
Enhances security and trust as only liquidity providers can access their assets.
Fungibility
Arrakis vaults integrate smoothly with the wider DeFi ecosystem.
Cons
Protocol Risk
Despite precautions, potential smart contract issues (hacks, bugs) pose risks to users.
Regulatory Risk
Ongoing global DeFi regulation changes could impact Arrakis's future operations.
Opportunities
AirdropMainnet
Minimal cost: ~50 USD
Arrakis
Arrakis is a Web3 protocol that improves how market making is done on Uniswap V3. So, that means it makes it easier for people to provide liquidity (funds) to the market. Arrakis includes a feature called PALM that helps manage liquidity in a balanced way.