Key Concepts

V3 Smart Routing

UnitFlow quotes swaps against V3 liquidity and selects a route for the chosen token pair. The quote can change before confirmation as pool prices move.

Concentrated Liquidity

V3 liquidity providers allocate capital within price ranges. Positions are ERC-721 NFTs, and only in-range liquidity earns trading fees.

Slippage and Price Impact

Slippage tolerance limits how far execution may move from the quote. Price impact measures how much the trade itself moves the pool price. Larger trades in shallow pools generally have greater impact.

Revenue-Backed Farms

Farms distribute USDC sourced from DEX fees. Lock duration and an eligible Genesis Pass may affect the reward multiplier shown by the app.

Soulbound Genesis Pass

A soulbound token is tied to the minting wallet and is not intended to be transferred. The Genesis Pass identifies founding members and can unlock product benefits.

Tax Tokens

A tax token can charge configurable buy or sell fees when interacting with registered DEX pairs. Token owners manage those pair settings from UnitFactory.