Minter 2 vs. Uniswap v3

https://twitter.com/haydenzadams/status/1375836165362888706

Minter 2 vs. Uniswap v3: Fees

Uniswap v3

https://cryptofees.info

Miners are raving, traders are raging.

Minter 2

It’s about 10,000 times more profitable to swap and transfer via Minter 2 than Uniswap v3.

Fee Payments

Speed

Liquidity

Other Advantages of Minter 2

  • Minter Hub oracles receive up to 1% of the fees charged for all transfers between the Minter, Ethereum, and Binance Smart Chain networks. They are paid out proportionally to the oracle’s HUB stake. Learn more: https://medium.com/@MinterTeam/hub-token-of-the-minter-hub-blockchain-69a3f2605ffd.
  • Traders save on fees for cross-chain transfers by simply holding HUB on their balance.
  • Liquidity pools can be created for LP tokens also. This means that any pool’s LP token can have its own value and be bought, sold, or sent to any address.

Summing Up: Why Exactly Is Minter Better than Uniswap?

  1. Low fees. Like, super-low fees. In Uniswap v2, fees for making a swap sometimes reach the astronomical level of $100, while in Minter 2, they’re always $0.03 (what’s more, they’re fixed in USD and not in the blockchain’s native coin).
  2. Fees payable with any coin. If someone’s sent USDC to your Minter wallet, you can freely move and exchange it, paying the fees in the same coin. That’s one-of-a-kind. In Uniswap, you’ll need to purchase ETH and keep it on your balance in order to pay for the transactions.
  3. AMMOB. In Minter 2, you’ll have the ability to place limit, fixed-price orders that will be executed according to FIFO. With concentrated liquidity, Uniswap v3 can emulate similar functionality, but you’ll have to withdraw liquidity beforehand so that the order doesn’t get canceled once the price goes back down.
  4. Extra earnings for LPs. A standard, 0.2-percent fee that is charged for all AMMOB orders goes to liquidity providers. This means that LPs generate additional income even when their funds aren’t used directly.
  5. All transactions are confirmed and all blocks are final in five seconds. In Minter, fast transactions go bundled with instantly final blocks. This means you’ll no longer need to wait until you can be sure that your transaction won’t be deleted from the blockchain.

Sources

  1. https://uniswap.org/blog/uniswap-v3
  2. https://medium.com/@MinterTeam/minter-2-on-chain-automated-market-maker-with-order-book-e29b19fc365f
  3. https://medium.com/@MinterTeam/hub-token-of-the-minter-hub-blockchain-69a3f2605ffd

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Supporting development and adoption of Minter, a digital assets marketplace powered by a fast blockchain. Other social media: minter.org/#follow