From f5e1f1fb4a0e52e07856736f3cd526c73a9771df Mon Sep 17 00:00:00 2001
From: "mia von steinkirch, phd"
 <1130416+mvonsteinkirch@users.noreply.github.com>
Date: Wed, 21 Dec 2022 17:55:25 -0800
Subject: [PATCH] Update just-in-time.md

---
 uniswap/uniswap-v3/just-in-time.md | 4 +++-
 1 file changed, 3 insertions(+), 1 deletion(-)

diff --git a/uniswap/uniswap-v3/just-in-time.md b/uniswap/uniswap-v3/just-in-time.md
index 6da09d6..dbdb66a 100644
--- a/uniswap/uniswap-v3/just-in-time.md
+++ b/uniswap/uniswap-v3/just-in-time.md
@@ -1,12 +1,14 @@
-## just-in-time (jit)
+## just-in-time (jit) liquidity mev
 
 <br>
 
 ### tl; dr
 
+* uniswap v3 allows LPs to provide concentrated liquidity within smaller price ranges. 
 * jit liquidity is a form of liquidity provision where an LP mints and burns a concentrated position immediately before and after a swap.
 * because provision has significant costs, it's usually only used against very large swaps
 * jit lps face competition in mev auction market - the price improvement provided by jit liquidity should be capped by twice the fee rate of the pool that jit occurs in.
+* sophisticated searchers can add and remove concentrated liquidity on sandwich trades. 
 
 <br>