Hotpot V3 50th Weekly Report

3 min readMar 29, 2022

Dear Hotpot fans，

Welcome to the 50th weekly report of the Hotpot Sets. We will continue to output the project’s operation and technology development progress for you, hoping to help you understand the Uniswap V3 platform in DeFi filed, and we wish providing you the first-hand market dynamics and better Defi investment decisions.

March 21 , 2022 to March 27, 2022

Data Section

As of last Friday, the fee income of Set pools deployed on different public chains has increased in varying degrees. The Ethereum mainnet set fee accumulated to $15,194.35, the Arbitrum set deterministic income rose to $14,179.1, and the Polygon set fee income accumulated to $219.72.

Recently, the ETH price has rebounded and the position adjustment strategy after the platform optimization has been effective. At present, many users of Hotpot v3 have gradually recovered their income, and the official Set data of the Ethereum main network and Polygon have performed well.

Operation section

After users were notified last week of the move to Hotpot v3, a number of accounts have already performed withdrawals and deposits. However, some users are still confused: “Why is this time suitable for migration?”

On the one hand, the v3 mainnet and the official polygon set adopt an optimized position adjustment strategy, which can bring users a higher fee income than in v2 to a certain extent. On the other hand, the current gas fee is low, and it is relatively cost-effective to do deposit and withdrawal operations before the price of ETH has risen to the level of last year. If you don’t know how to transfer funds, you can check the process at the telegram pin.

Last Wednesday, Hotpot was invited by the organizers of Chingari & GARI to participate in the WORLD BLOCKCHAIN SUMMIT held in Dubai.

Figure丨Hotpot at the WORLD BLOCKCHAIN SUMMIT

At the meeting, we exchanged key opinions with the founders of well-known blockchain projects around the world. The role positioning, operating mechanism and smart contract design concept of the Hotpot platform have been unanimously recognized by projects in the international DeFi field.

Through this exchange, we have also gained a deeper understanding of the field of encrypted asset management. Uniswap V3 professional market maker market capacity is huge, and Hotpot has a natural preemptive advantage and strong technical support, so it will be able to unleash more potential.

In the future, we will concentrate our efforts to tap and expand more institutional users and high-net-worth individuals from all over the world, so as to help users reach a height of wealth far beyond what most DeFi projects can achieve!