From 2b42ae7aa5b6537efe5c6b3c3bd40a8c778d178d Mon Sep 17 00:00:00 2001
From: "mia von steinkirch, phd"
 <1130416+mvonsteinkirch@users.noreply.github.com>
Date: Tue, 20 Dec 2022 22:10:30 -0800
Subject: [PATCH] Update README.md

---
 uniswap/uniswap-v3/README.md | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

diff --git a/uniswap/uniswap-v3/README.md b/uniswap/uniswap-v3/README.md
index ba26c90..b000197 100644
--- a/uniswap/uniswap-v3/README.md
+++ b/uniswap/uniswap-v3/README.md
@@ -4,8 +4,8 @@
 
 ### tl; dr
 
-* Uniswap v3 introduce the concept of "concentrated liquidity", replacing fungible ERC20 liquidity positions with non-fungible ERC-721 liquidity positions.
-* it also introduced multiple fee tiers , allowing LPs to be appropriately compensated for taking on varying degrees of risk
+* Uniswap v3 introduce the concept of "concentrated liquidity", replacing fungible ERC20 liquidity positions with non-fungible ERC-721 liquidity positions. Individual LPs get granular control over what price ranges their capital is allocated to. Individual positions are aggregated together into a single pool, forming one combined curve for users to trade against.
+* it also introduced multiple fee tiers , allowing LPs to be appropriately compensated for taking on varying degrees of risk. 
 * better gas refunds due to it's flashloan style architecture.
 * the profitability of a liquidity provider (LP) has been called into question: estimations that about half of LPs would have been off holding assets directly rather than providing liquidity