# Uniswap V3 Uniswap introduced an innovative trading mechanism with the release of their V3. Uniswap V2 lacked the ability to handle liquidity management. With V3 came the ability to manage liquidity. \ This innovation allows users to select provisions over liquidity fees (0.05%, 0.3%, 1%) and a price range (consisting of minimum and maximum price targets) at which they wish to provide liquidity, also known as [concentrated liquidity](https://docs.uniswap.org/protocol/introduction).\ \ \ These innovations bring with them two new issues: * The user has to manually collect and withdraw earnings from the Uniswap V3 Dapp * More importantly, the user must wait until after market price surpasses the target price The Kromatika dapp offers a solution to both these issues. For more details, read our Medium article: {% embed url="" %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.kromatika.finance/fundamentals/how-it-works/uniswap-v3.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.