December 23, 2021

Popsicle Follows Uniswap V3 to Polygon

Uniswap’s decision to launch V3 on Polygon is already making waves. Popsicle Finance announced that it too is going to take advantage of low gas fees offered by Ethereum’s leading scaling solution.

Popsicle’s Sorbetto Fragola is a Uniswap V3 Optimiser that automatically changes liquidity range to maximize fees for providers and make sure the best price is available for traders. Fragola contracts, which are currently only available on Ethereum mainnet, are now ready for Polygon!

Deposits will open when Uniswap V3 is fully launched and initial liquidity is there for Fragola to start LPing and rebalancing. Fragola UI is already accessible from the Polygon network and you can take a look at the pairs that will be available at launch:

USDC/USDT 0.05%
WETH/USDT 0.3%
WETH/USDC 0.3%
WMATIC/USDC 0.3%
WMATIC/USDT 0.3%
WMATIC/WETH 0.3%

Being a liquidity provider on Uniswap V3 is not an easy business and requires a lot of attention to always capture the most fees while limiting the impermanent loss. With Popsicle, users can just provide liquidity, and the protocol automatically adjusts and auto compounds the position.

Begin with this tutorial on how to add Polygon to Metamask. Then access Popsicle UI and start LPing as soon as deposits open. Find out more about Popsicle Finance and its product here. Keep up with the latest Polygon news on our blog.