Revert Finance
August 30th, 2022

Revert Finance is currently one of the most interesting protocols in DeFi. They offer several tools for LPs in AMM protocols. Users can manage their LP positions and interact with the contracts directly from their front end. Users can also review and compare analytics amongst different LPs and protocols. There is also a backtesting feature that will allow a user to see how the position they are about to enter would have performed in the last 30 days. This is a brilliant innovation that will allow investors to track their performance while also having a more efficient way of analyzing opportunities in the space.

Revert Finance is currently deployed on Ethereum, Polygon, and Optimism. The current protocols that they feature are Uniswap v2, Uniswap v3, and Sushiswap. They have also announced that they are working on adding more AMMs down the road!

Initiator

Liquidity providers can do a variety of functions like add or withdraw liquidity, claim fees, and compound their positions. There is an initiator tool that allows them to start the procedure. When using this initiator tool, there is a 4 step process that completes the initiation.

  • Select Pair

    Once a user selects the network and protocol, they can then choose the assets they would like to provide

  • Select Fee Tier

    This is for Uniswap v3 pools. The v3 pools allow users to select different fee tiers to add liquidity to

Initiatooor
Initiatooor
  • Select Price Range

    This allows users to input the minimum and maximum range they want to provide liquidity for. This automatically aggregates the data and displays the historic price action, the current liquidity, and charts to go with it

  • Amount to Deposit

    This final step is where the user inputs the amount they would like to deposit

  • Run Backtester

    This is an option that can be utilized to show users how the position they are about to enter would have performed in the last 30 days.

After completion, the initiation will result in a NFT being placed in your wallet as if you interacted with the Uniswap UI directly.

Auto-Compounder

This is a streamlined process that allows accrued fees to automatically compound to the user’s position. Normally, there would be a separate balance and the user would have to collect their fees, swap to their deposited assets, and deposit them back into the position. This helps minimize gas costs and simplifies the process of doing so.

In exchange, Revert collects a 2% percentage fee of whatever is auto-compounded to help compensate for gas costs for other users that are also using the auto-compounding feature. Let’s talk about teamwork.

Before auto-compounding, users can also check their position to see if it’s an optimal time to do so. Users can also deactivate the auto-compound feature whenever they choose to.

I'm compoundinggg
I'm compoundinggg

Revert is currently working on improving analytics, expanding the protocols that can be interacted with, implementing new features for these protocols, and more. This can potentially become the mainstream management interface. This also reduces risk when it comes to DNS hijacking as we see that some front ends are exploited from time to time. This works as an alternative for those who would still like to interact directly with protocol contracts through an alternative front end.

Our mission is to build powerful tools for liquidity providers in AMM protocols while keeping them open and accessible to everyone. In the next few months, we will be releasing further integrations with protocols, contracts, L2s, and sidechains as we build the ultimate AMM LP management interface. So, more stuff coming soon!

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