A Uniswap v3 innovation allowing LPs to concentrate their capital within specific price ranges rather than across the entire curve. Dramatically improves capital efficiency but requires active management.
A Uniswap v3 innovation allowing LPs to concentrate their capital within specific price ranges rather than across the entire curve.
Dramatically improves capital efficiency but requires active management.
This is a key building block of decentralized finance. Understanding it helps you navigate DeFi protocols safely, evaluate yield opportunities, and avoid common pitfalls.