Uniswap

How it works?

Concepts

• Liquidity Pools

	V1	V2	V3
V1	Vyper: ETH20-ETH	NA	NA
V2		Solidity: ETH20-ETH20	NA
V3		Ethereum and Optimism	Concentrated Liquidty, Active Liquidity, Range Limit Orders. Focuses on capital efficiency

Concentrated Liquidity

Questions

1. How does the relate to DGF?
   1. Can it help with validation pool REP management and redistribution?
      1. Maybe, but REP and cryptocurrencies are fundamentally different.