Bella Launches Tuner — Best Simulator of Uniswap V3 for Perfect Accuracy and Strong Efficiency

Check the best backtesting tool before getting aboard the go-ahead DeFi flagship Uniswap V3.

TL;DR

Bella Protocol dev team has been working on providing toolings for backtesting liquidity-providing strategies with data analysis, specifically targeting the Uniswap V3 ecosystem. Tuner differentiates itself from other simulators because of:

  • Precision: 100% reproduces the EXACT results of the actual Uniswap v3 corepool smart contract behaviour;
  • Efficiency: rebuild instances and replay thousands of historical events in tens of seconds;
  • Convenience: no need for cumbersome smart contract deployment procedures, just create an instance in Tuner for backtesting;
  • Costless: of course, no actual deployment or maintenance of smart contract on Ethereum;

Please check more details of Tuner via GitHub:

Why DeFi and Uniswap?

The world of finance now must acknowledge and embrace the fact of being revolutionized by decentralized technologies. DeFi is unstoppable.

Roughly 65% of the $200 billion-plus TVL of DeFi is contributed by the Ethereum ecosystem, with AMM taking significant credit. Uniswap is the most popular one — among many others that either forked from it or were enlightened by it.

Its V3, which promised higher capital efficiency, lower slippage, flexibility of price range and asset allocation, notably steps forward towards the future of decentralized, permissionless and open finance.

Why a simulator?

The improvements of Uniswap V3 indeed are praisable. But whether to earn or lose money, it’s all up to strategies. Moreover, when taking gas fee into consideration, it’d be odd that LP strategists don’t crave for a good tool for simulation before betting the farm on chain.

Simulated trading in fact grows with the traditional financial industry. The underlying theory is, in short, that history repeats itself. Strategies that worked well in the past are likely to work well in the future, and the poor strategies parallel.

Thus, an environment that’s virtual without cost but precise enough to rebuild the real history is needed.

Why is Tuner distinguished?

A preliminary research would indeed show that there are multiple Uniswap V3 simulator projects, but Tuner stands out for the following reasons.

100% precision. Our simulator, unlike the mathematical modeling ones, allows users to insert customized transactions into real historical events for backtesting, which provides 100% accurate results. If your strategy looks good running with Tuner, it doesn’t just look good in theory.

Strong efficiency. Obviously the accuracy asks for a huge amount of data to fully reproduce all the historical events, which accordingly would make simulation time consuming. But with Tuner, users can rebuild instances and replay thousands of historical events in tens of seconds.

Cost effectiveness. Given that users don’t need to actually deploy and maintain a smart contract on Ethereum for each of his/her customized instances to backtest in the history, it will be costless.

Why should BEL community care?

It is true that products like Uniswap V3 simulator are not yet for every crypto-er. But developers, non-dev blockchain believers, we all share the faith of the decentralized future. Tuner, although currently being in a preliminary version, is an indispensable and powerful gadget to build such a future.

We are not alone to be convinced that this small widget might be a breakthrough point to a wider world. In addition to the recent grant from Visor Finance, we have already started to have devs find this useful for their own development or integration purposes.

In short, Tuner is stemming from real demand, it is already used by multiple dev teams, whom we are closely working with to get feedback for improvement and more usages, which ultimately shall contribute to the mass adoption of DeFi.

About Bella

Bella Protocol​ is a suite of open finance products that aims to bring mass adoption to DeFi asset management. Bella’s first yield product, Flex Savings v2 is live on Ethereum with $40 million TVL. Bella’s core team is creating Bella Virtuoso, a permissionless strategy platform that connects investors with the best LP strategies on Uniswap V3. Bella Virtuoso also comes with built-in backtesting tools and data infrastructure for strategy builders.

Bella Protocol is backed by Binance Labs and Arrington XRP Capital and several other renowned investors. BEL token is supported on Binance, Bithumb and other major exchanges.

Bella’s core team consists of serial entrepreneurs and blockchain veterans who have tremendous experience and a proven track record in finance, cryptography, blockchain, and engineering.

For more information about Bella, or to join our team, please contact us at contact@bella.fi

Learn about Bella’s recent official news:

Medium: https://medium.com/@Bellaofficial

Twitter: @BellaProtocol

Telegram: https://t.me/bellaprotocol

Discord: https://discord.gg/JamMH5P

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