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.
Arrakis Finance
DeFi
Description
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.