> For the complete documentation index, see [llms.txt](https://docs.kromatika.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kromatika.finance/fundamentals/how-it-works/uniswap-v3.md).

# Uniswap V3&#x20;

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="<https://medium.com/coinmonks/automating-uniswap-v3-limit-orders-using-chainlink-keepers-4c3e60664764>" %}
