Elektrik v1 & v2
Elektrik v1 is a fork of Uniswap v3, adopting the concentrated liquidity management approach for efficient liquidity provision and fee generation. By allowing liquidity providers (LPs) to concentrate their assets within specific price ranges, it allows them to earn fees from every swap occurring in those ranges.
Elektrik v2 introduces an abstracted AMM and enriches the DEX space with a diverse range of functionalities. It serves as a comprehensive solution for DeFi traders, offering various trading features and strategies to ensure optimal control and flexibility. Notably, Elektrik leverages AI and Machine Learning (ML) algorithms for dynamic liquidity provision, enhancing capital efficiency for liquidity providers. Through accurate price movement predictions, the liquidity positions adapt to traders' preferences, ensuring LPs consistently benefit from their positions while mitigating risks like impermanent loss and rebalancing challenges.
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