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Uniswap V4 hook: LVR-minimization with Per-block conversion vs. Futures contracts

We conducted various simulations based on the research “LVR-minimization in Uniswap V4 2” and the paper 1 which utilizes Diamond Protocol to address LVR, and found that implementing LVR minimization through “Per-block conversion vs. Futures contract” rather than “Low Impact Re-add”, the solution presented in the paper, is more profitable in terms of profitability and slippage. In this research, we will describe the “Per-block conversion vs. Futures contracts” solution, share and analyze the simulation results, discuss what needs to be considered further, and finally describe the pseudo code for this solution.
Uniswap V4 hook: LVR-minimization with Per-block conversion vs. Futures contracts