We are pleased to publish an open-sourced liquidation bot for Revert Lend. This reference implementation is available for the community to use, modify, and improve. Our goal is to enhance decentralization and strengthen the resilience of the Revert Lend protocol by encouraging broader participation in liquidation activities.

The future demands a hyper-financialized world where decentralized markets trade a plethora of crypto tokens. These tokens represent everything from fractionalized art and real-state rights, to a myriad of fully digital assets, from in-game virtual currencies to shares in the profits of an actually decentralized, actually autonomous, organization. The only way we are getting there is if markets can be spun up as easily as we create the tokens themselves. If we have to engage with some trading firm every time we want to make a market for fractionalized royalties of some new VR experience, then that market will probably never exist.

Hello LPs! We are thrilled to introduce two transformative features to the Revert toolkit, enhancing your LP experience on Uniswap v3: Auto-Exit and Auto-Range. These features have been meticulously crafted to streamline your liquidity provision and protect your investments.

Evmos, a proof-of-stake blockchain built on the Cosmos SDK, offers full Ethereum compatibility. Within this ecosystem, Forge, a CLMM DEX forked from Uniswap v3, recently launched on Evmos. This followed the Evmos DAO's approval of a grant proposal for Revert's integration with Forge.

We are delighted to announce that our V3Utils contract has undergone a comprehensive audit by Peckshield, resulting in its redeployment with enhanced security measures. The audit successfully identified and addressed two low-severity issues and one informational issue. For those who are interested, the full audit report is available here.

TLDR: On February 18th 2023, a total of just under $30K USD was stolen from users of our recently released “Atomic swaps into V3 positions” feature implemented via our V3Utils contract. Immediately after being notified, we quickly updated the site to prevent other users from being exposed and diagnosed how the exploit took place. ALL AFFECTED USERS HAVE NOW BEEN RESTITUTED FULL TOKEN BALANCES VIA AIRDROPS FROM THE FOLLOWING ACCOUNT ON EACH RESPECTIVE NETWORK.

After talking with many Uniswap V3 LPs during 2022 one of the most often heard things were to the effect of:

The Revert Compoundor protocol was designed to be trustless and with minimal governance required. It is however not decentralized. As explained in our whitepaper, there are four parameters controlled by a team multisig. Two of them maxTWAPTickDifference and TWAPSeconds relate to the Uniswap pricing oracle, and are a precautionary measure that prevents swapping of collected fees during high volatility periods.

If you are new to Revert, we build analytics and management tools for liquidity providers in AMM protocols. One of our products is an auto-compounder for Uniswap v3 LP positions, you can read more about it here.