Uniswap v3 is currently in the Beta release stage on Optimistic Ethereum (OΞ) because the network is nascent and may experience some periods of downtime.
Planned Downtime: the Optimism team plans for scheduled downtime to upgrade the network.
Unplanned Downtime: additionally, unexpected downtime can occur at any moment as OΞ responds to network traffic, new releases, and other factors.
While the OΞ network is down, it will not process any transactions. Uniswap protocol users will be affected in the following ways.
Unable to deposit assets to OΞ
Unable to withdraw assets from OΞ
Unable to trade on the Uniswap protocol on OΞ
No fees will be generated
Unable to add liquidity
Unable to remove liquidity
Unable to claim fees
Unable to adjust price range of a position
When the network goes live again, LPs may experience sudden price movements if L1 market prices shifted while OΞ was down.
Please consider the risk of network downtime when deciding to provide liquidity on OΞ. You can monitor the current status of the OΞ network here.