💫Multiswap

Problem

After check published Uniswap V3, we found some wrong in tokenomics.

• NFT position creators have no benefits for initial time and liquidity provided

• As results, NFT have no additional value to re-sell it higher than provided liquidity amount.

Solution

Updated V3 Uniswap contracts, which save initial liquidity and time for each position NFTs. Those data will be used to change the collected fees amount, where fees are redistributed based on time.

As result, similar NFTs can generate more fees, than total liquidity provided and can be a subject to re-sell expensive in future on OpenBiSea marketplace.

How it works?

Multiswap listed on DeFiLlama. In general, we are using 20% from regular fees to redistribute. Amount for redistribution weights used follow that formula:

• 80% redistributed based on initial liquidity compare with current liquidity

• 20% redistributed based on position creation time

For more detailed information see Litepaper.