Uniswap Labs Announces $2.35 Million Hackathon for V4 Protocol

IconCryptoNewsTerminal Staff15 Aug, 2024

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Uniswap Labs Announces $2.35 Million Hackathon for V4 Protocol

Uniswap Labs, the team behind the popular decentralized exchange (DEX) Uniswap, has launched a $2.35 million hackathon for developers to build on the upcoming V4 protocol. The hackathon will run from September 12th to October 31st, 2023, and will award prizes to the most innovative and impactful projects. Uniswap V4 is a major upgrade to the Uniswap protocol, introducing a number of new features and improvements. These include concentrated liquidity, which allows liquidity providers to concentrate their liquidity in specific price ranges, and a new fee structure that is designed to be more efficient and fairer. By running this hackathon, Uniswap Labs hopes to encourage developers to build innovative new applications and services on the Uniswap V4 protocol. The hackathon will be judged by a panel of experts from Uniswap Labs and the wider DeFi community.