April 2023 | Prepared by Drew Tozer, Lead Designer of Clipper
Ahoy mateys! Clipper redeployed its Ethereum Mainnet contract in March 2023 and we want to you know how it’s affected your experience as a liquidity provider. There’s many ways to participate in the test! Depositing is optional and is not required to participate. People who’ve deposited liquidity in the previous contract are preferred. Your thoughts and ideas are crucial to help build Clipper into the best DEX for retail traders.
➡️ **https://blog.clipper.exchange/clipper-gas-efficient-upgrade**
tl;dr:
Clipper’s Mainnet underwent its latest redeployment, which is expected to further lower trading prices and increase yields for liquidity providers! This was achieved by moving many of the computations involved in pricing swaps off-chain. As a result, Clipper is arguably the most gas-efficient DEX for crypto swaps <$50K on the Ethereum Mainnet.
Fewer price computations occurring on-chain means significant gas savings, and the new version of Clipper uses about 49,000 less gas to perform a swap than the previous deployment. This means that Clipper should handily beat DEXs like Uniswap and Sushi in terms of swap-specific gas costs, which results in multiple benefits for Clipper users.
<aside> ⚠️ You may only participate and be rewarded for one of the following options.
</aside>
Take a survey on Google Forms and let us know your thoughts on the the new Liquidity Provisions UI/UX design and implementation.