uniswap x

Welcome to David's takes. A new format with David and RSA where we explore David's weekly articles in 30 minutes or less.

This week, we’re diving into one gigantic metaphor. Ethereum as a reserviour of liquidity. So sit back, relax, and enjoy "A Hitchhiker's Guide to Riding an MEV Bot".

Read David's article here: https://www.bankless.com/a-hitchhikers-guide-to-riding-an-mev-bot/ 

If you're looking for a more technical explanation check out our recent episode with Dan Robinson: https://youtu.be/h4gzZib0j48 

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🏹 Airdrop Hunter is HERE, join your first HUNT today
https://bankless.cc/JoinYourFirstHUNT 

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BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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🛞MANTLE | MODULAR LAYER 2 NETWORK
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🦄UNISWAP | ON-CHAIN MARKETPLACE
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TIMESTAMPS
0:00 Intro
1:00 Why did David Write This?
6:17 A Reserviour of Liquidity
9:25 The Ships Metaphor
13:36 Offchain Signed Orders
17:17 Intents
22:07 Dutch Auctions
24:06 Impications Of This?
28:25 How This Impacts Bridges
30:30 What's Left To Unpack?
33:15 Closings And Disclaimers
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠

Dan Robinson is GP and Head of Research at Paradigm. He, over the years, has done a lot of deep thinking about markets, auctions, and liquidity in DeFi, with a particular focus on Uniswap and Uniswap V3. Recently, Uniswap Labs released UniswapX, a new dutch auction mechanism, that Dan thinks changes the meta for swapping assets in DeFi, MEV, chain interoperability, and much more. 

The last time Dan was on Bankless was September 2020…almost 3 years ago! If you have ever heard Ryan or I say the phrase “Ethereum is a dark forest”...it came from that episode.

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🚀Join Ryan & David at Permissionless II in September.
https://bankless.cc/GoToPermissionless 

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📣 STADER LABS | ETHX LIQUID STAKING
https://bankless.cc/Stader 

------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
⁠https://k.xyz/bankless-pod-q2  ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
⁠https://bankless.cc/MetaMask 

⚖️ ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum  ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle  ⁠

👾POLYGON | VALUE LAYER OF THE INTERNET
https://polygon.technology/roadmap 

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku 

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TIMESTAMPS

0:00 Intro
6:00 Why UniswapX is Needed
11:09 What’s New About UniswapX?
14:00 Intents 
16:25 The Magic Behind MEV Reduction 
20:00 Order Flow Auctions 
26:25 It’s Still Early 
33:05 Who Are the Nanobots? 
37:42 How Rollups Will Change 
42:22 How Bridges Will Change 
49:55 UniswapX Complements Uniswap v4
53:30 What Uniswap v4 Do for LPs? 
59:15 LPing with Uniswap v4 vs. v3
1:04:11 Uniswap’s App Layer & Yields 
1:06:05 Why Be Excited About Suave 
1:09:55 Closing & Disclaimers  

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RESOURCES

Dan Robinson
https://twitter.com/danrobinson 
https://twitter.com/danrobinson/status/1681061703818305536  

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures ⁠