Telegram bots have emerged as the new prominent trend and leading the way $UNIBOT has experienced huge growth within a short timespan. It is common in the cryptoworld to witness a classic narrative/theme where attention then shifts to potential successors after a leading coin introduces it. This is likely the case with Unibot, while the chance to capitalised on Unibot may have passed, I believe investors/degens should direct their focus towards discovering these promising newcomers.
Unibot offers a unique approach to liquidity provision allowing users to supply a single asset + borrow the volatile one from their pool.
Benefits include:
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A hedging effect that allows users to short the volatile asset borrowed from the UniBot Pool.
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By leveraging the concentrated liquidity in Uniswap V3 and borrowing liquidity from the UniBot Pool, users can enhance their profitability via achieving high APRs in their liquidity positions.
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UniBot Pool boasts an impressive 200%+ capital efficiency which far surpasses the typical 30-40% seen in other protocols.
Is all this sustainable for the long term though? Show Less
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