Enhance Token Standards with ERC-20 Compatibility Layer and ERC-1155 LP Tokens
‎Issue Description:Â
‎Summary:Â
‎This issue proposes optimizations to Uniswap’s token standards to improve interoperability and LP experience:Â
‎1. ERC-20 Compatibility Layer: A wrapper contract to handle non-standard ERC-20 tokens, reducing swap failures.Â
‎2. ERC-1155 LP Tokens: Introduce a hybrid ERC-1155 token for LP positions to enhance composability and liquidity.Â
‎3. Gas Optimization: Streamline ERC-721 position management with batch adjustments or a “lite” mode.Â
‎Further Reference:
‎https://github.com/DavidBraide/uniswap-token-standards-optimizations/tree/main
‎Motivation:Â
‎- Non-standard ERC-20 tokens cause swap errors, impacting user trust.Â
‎- ERC-721 LP tokens limit composability compared to V2’s fungible tokens.Â
‎- High gas costs for managing LP positions deter retail participation.Â
‎
‎Proposed Solution:Â
‎- ERC-20 Compatibility: Build a wrapper contract to normalize non-standard ERC-20 behaviors (e.g., handle fee-on-transfer tokens, missing return values).Â
‎- ERC-1155 LP Tokens: Implement an optional ERC-1155 standard for LP positions, allowing fractionalization and trading on secondary markets.Â
‎- Gas Optimization: Add batch processing for range adjustments or a static “lite” mode via V4 hooks.Â
‎- Test on Sepolia testnet and propose via Uniswap governance forum.Â
‎
‎Steps to Implement:Â
‎1. Design and test an ERC-20 wrapper contract in Solidity.Â
‎2. Prototype ERC-1155 LP token integration, ensuring backward compatibility with V3.Â
‎3. Simulate gas savings for batch adjustments using historical data.Â
‎4. Draft a governance proposal for community feedback.Â
‎
‎Labels: enhancement, good first issue, token standards, protocol optimizationÂ
‎Assignees: Open for contributorsÂ
‎Milestone: Uniswap V3/V4 enhancementÂ
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