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Liquidity Book V2.2 is live 🌊📘
V2.2 introduces hooks for Liquidity Book. The first implementation, Concentrated Incentives, activates today with 755,000 $ARB rewards starting at 13:00 GMT.
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📘 Liquidity Book: Elite for LPs
By using discretized architecture, LPs gain full autonomy over the liquidity range they deploy, how that liquidity is shaped, and how they manage it moving forward. LB offers unrivaled levels of flexibility over existing CLMMs.
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🌊 Concentrated Incentives
LB Pools now come with an native, real-time, fully onchain mechanism to incentivize LPs. Each LB Pool will have a ‘reward range’ that distributes reward tokens, based on the proportional share of liquidity.
The Reward Range is anchored and moves in sync to the price. The goal as an LP is to keep your liquidity in the reward range, to maximize your share of the incentives.
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V2.2 is a small step towards Joev3 and Joev4, set for this year.
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