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Uniswap Foundation launches “Uniswap University”. Will education be a breakthrough for DeFi liquidity?
区块律动BlockBeats
特邀专栏作者
2023-09-22 12:00
This article is about 1973 words, reading the full article takes about 3 minutes
Uniswaps liquidity growth is sluggish, will user education be a new breakthrough?

Original author: Kaori, BlockBeats

Original editor: Jack, BlockBeats

On September 21, the Uniswap Foundation announced that it had jointly launched the educational platform Uniswap University with DoDAO, which focuses on blockchain education, saying that this is an educational platform for everyone from beginners to experienced Uniswap v3 liquidity providers. The customized comprehensive education platform will provide participants with a structured learning path, allowing users to better participate in the DeFi world through the four major sections of guides, Tidbits, simulations, and training.

The last time there was an education craze in the encryption field was when the Web3 education protocol Open Campus was launched on Binance Launchpad. The combination of Web3 and education, as well as Web3 entry and development education, broke into the industrys horizons for the first time. Although both aim to break down the barriers for ordinary Web2 users or developers to enter the Web3 world, and want to become a catalyst for the large-scale adoption of Web3, the difference between Uniswap University and Open Campus is that it currently does not have any derivative content such as token economics. , judging from its official website interface, there are only entrances to the four major learning sections, no official docs, and no links to other platforms of Uniswap.

Uniswap University does not provide any incentives. When you choose the chapter you want to learn and complete it, there is a very simple feedback mode. Yes, just like those learning websites used for after-class exercises in ordinary universities, there are also several practice questions provided after each section, which is indeed very suitable for beginners to learn.

Uniswap is already the leader in DEX, and now that it has launched such a newcomer-friendly learning and education platform, there is more room for discussion. It is worth mentioning that DoDAO, the partner chosen by Uniswap this time, aims to have 1 million people join DeFi, DAO and NFT by 2025.

Uniswap University content overview

Guides:This section provides easy-to-understand information, from basic explanations such as What is DEX? to advanced topics such as Strategy Backtesting Tools, supplemented by explanatory videos and visuals.

Tidbits:Not enough time? It only takes 30 seconds to master the basic concepts. Compared with the richness and diversity of the first part, the content of this section is very suitable for quick review or brief understanding of the content. The small card-style UI design is like memorizing words. a feeling of.

Simulations:This part has reached the stage of in-depth practical learning. In this section, you can practice adding and deleting liquidity and other scenarios, and you can also explore advanced position management tools. This is equivalent to a video tutorial, with demonstrations for every step of the operation. Compared with watching text tutorials, the video format is easier to use for encryption. White is friendlier.

Courses:The fourth part of the current website is a two-episode course teaching, which can give you an in-depth understanding of Uniswaps structured courses, including basic concepts in Getting Started with Uniswap to mastering strategies in Liquidity Provider Course.

Essential User Education for Crypto CEX

It has not yet been found who are the main people behind the construction of Uniswap University, but as a decentralized DAO organization and DEX, it is worthy of recognition to launch a teaching platform that requires concentrated resources and energy to complete. In comparison, CEX has greater advantages in this regard.

As the leader of CEX in the crypto world, Binance also has its own education platform - Binance Academy. There are also courses and teaching content here, but as you can see from the Learn Earn and Partnership on the website navigation bar, the biggest difference between Binance Academy and Uniswap University is that the ecology is more complex and it wants more.

In April this year, Binance launched Binance Sensei, an AI-based cryptocurrency knowledge assistant. Binance Sensei covers more than 1,000 articles and courses on Binance Academy and can help users learn related knowledge about cryptocurrency, blockchain and Web3.

Image source: Binance Academy official website

Binance has been focusing on newcomer education and user trading teaching for a long time. In 2022, crypto company executives such as CZ cooperated with the online education platform Masterclass to launch crypto courses with topics including the history of cryptocurrency, decentralization, Web3, DAO, and NFT , volatility of market segments, etc.

In addition to Binance, another major CEX is also not far behind in crypto education. On May 17, Coinbase launched Base Camp, an educational platform for Web3 developers. It was previously an educational platform developed internally by Coinbase in order to speed up the onboarding of developers, running on the Ethereum Layer 2 network Base infrastructure.

Unlike multi-purpose learning platforms such as Coursera and edX, Base Camp includes on-chain exercises to provide developers with practical experience. At each learning milestone, developers will receive NFT badges. There is also a community organization that can be linked to everyone who uses Base Camp for development.

Coinbase CEO Brian Armstrong once divided the companys mission into four phases in his not-so-secret Secret Master Plan, with each phase aiming to have ten times the number of employees. Now there is a need to attract 1 billion users from stage 3 to stage 4, which Coinbase believes will require 1 million developers to build useful dapps that these users will love. Jesse Pollak, head of the Coinbase protocol team, said in an interview that this means bringing a small part of the approximately 30 million Web2 developers around the world into Web3, and that is the purpose of Base Camp.

Going back to Uniswap University, its mission is also to bring more people into the Web3 world.

Will education be a breakthrough for DeFi liquidity?

Uniswap Universitys mission is to enable everyone to understand and how to obtain liquidity. This mission tells us the What and How of Uniswap University, and the implication is the Why of launching this platform.

Uniswap has benefited from the DeFi Summer in 2020 and has grown into the largest DEX today. It has successfully saturated its current accessible market. Uniswap V3 accounts for 46.5% of the trading volume of all decentralized exchanges. In addition, in 2022 In May 2016, a record cumulative transaction volume of US$1 trillion was set.

But as more and more growing DEXs compete for market share, one dominant player is destined to be unsustainable, which means that continuing to optimize DEXs and squeeze the growth of the existing market will not be enough to continue its current trajectory. The most direct manifestation is that Uniswaps liquidity continues to be insufficient.

Image source: DeFiLlama


According to Coingecko data, Uniswap accounted for 64% of the DEX market share in the first half of 2023, but in the first half of 2022, this figure was 89%.

There are more than 13,000 liquidity pools on Uniswap V3. For example, approximately 1,500 pools in the Uniswap liquidity pool use wETH as the base or quoted asset, accounting for approximately 11% of the total number of pools. Surprisingly, for a small token like CRV, Uniswap has lower liquidity compared to the top 5 most liquid CEXs offering CRV-(w)ETH markets.

Compared with centralized trading platforms, Uniswaps transaction operation difficulty and threshold are a bit high for newcomers. Perhaps this is the biggest significance of Uniswap University. Compared to introducing Web2 people into the encryption world, Uniswap is more urgent to attract more people into the world of DEX.


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