Before we dive in – an updated version of the Findora desktop wallet was released recently. The new version comes with Prism, for internal transfers of FRA tokens between the Findora Smart Chain and Native Chain. Learn more about that process here.
- 📢 Rialto’s mainnet launch & $10 million campaign 🌉
- 🧑🌾 FairySwap 🧚 becomes first DEX to launch on Findora!
- 🤩 Excited about Findora? Join the Ambassador Program!
- 👷 Discreet Labs is growing – join the team!
- 📺 Findora in Yahoo! Finance
- 🎓More learning from Findora Academy
- 👀 … and more!
📢 Protocol Updates and Releases
Findora Celebrates Launch of Rialto Bridge With $10M Campaign
Rialto, the first cross-chain bridge built on Findora, has launched on Findora mainnet. Rialto connects Binance BNB Chain and Findora to enable seamless, permissionless, and trustless movement of tokens between the two ecosystems.
To celebrate Rialto’s launch on Findora mainnet, the developers are running a $5M Rialto bridge kickoff campaign to reimburse cross-bridge liquidity costs and to incentivize users to report bugs. Additionally, The Findora Foundation will also allocate $5 million USD worth of FRA tokens (from the $100M Ecosystem Fund) to reimburse users for BNB bridge fees paid on the Binance side. The promotion is live until May 15th, 2022 (or until all funds have been depleted).
Support for connecting Findora with Ethereum (and other EVM-compatible blockchains) is expected to follow shortly and ETH bridge gas fees paid on the Ethereum side will also be reimbursed as part of the campaign. Finally, FRA bridge gas fees for inbound transactions on the Findora side will be covered by Rialto.
Read the full announcement here.
Keep scrolling for more on the Rialto bridge!
🧑🌾 Ecosystem Updates
FairySwap 🧚 DEX Launches on Findora Mainnet, Along with $3M Liquidity Program
FairySwap is an AMM DEX that is 100% fair-launched / community-oriented and takes advantage of Findora’s privacy-preserving technology.
To coincide with the landmark launch, The Findora Foundation announced a $3,000,000 Liquidity Program for FairySwap from its $100 million Findora Ecosystem Fund. When it went live on Mainnet, FairySwap already had support for:
- Liquidity Mining
- Yield Farming
They will soon be minting what is expected to be the first NFTs on Findora – zkNFTs.
We’ve made a step-by-step tutorial to help you use FairySwap. To jump in for yourself, and get yield farming, start here.
Additional reading – FairySwap mainnet release announcement here!
🤩 Excited About Findora? Join Our Ambassador Program!!
If you’re passionate about promoting privacy on Web3 and about Findora, then we want you!
We’re looking for:
- Media organizations
- Event coordinators
- Content creators
And anyone else passionate about building up #PriFi!
Learn more about being an ambassador, and sign up here.
🙌 Discreet Labs and Findora Foundation are Hiring!
The Findora Foundation and its ecosystem of developers, Discreet Labs included, are now hiring for many positions available in areas such as Engineering, Community, and Marketing.
📺 Media and Events
Always getting the word out about Findora, here’s the latest.
Findora x Yahoo! Finance
Findora Celebrates Launch of Rialto Bridge With $10M Campaign to Pay User’s Gas Fees and Reward Bug Hunters
Read the full press release here.
🎓 Findora Academy
Findora Academy is an ongoing educational series that covers blockchain basics and posits to answer every question you may have about Findora and its many features and attributes. Follow along on the blog and on Medium for regular posts that dive into the technical aspects of blockchain technology in general, and Findora more specifically, in an easy to read format.
#7 Findora Academy 💟 | Building Bridges: Introducing Rialto
A Cross-Chain Bridge Connecting Findora to EVM Compatible Blockchains
In the 9th Century, the now-famous Rialto Bridge connected the first marketplace in Venice to the global markets in the Mediterranean and Asia. Now Findora’s Rialto bridge is connecting the world of DeFi to the more private future of privacy finance (PriFi).
Findora’s first cross-chain bridge, Rialto (rialtobridge.io), will initially launch to connect Binance Smart Chain (BSC) and Findora, enabling seamless, permissionless and trustless movement of tokens between the two ecosystems. Support for connecting Findora to Ethereum (and other EVM-compatible blockchains) will follow.
In addition, as the Findora blockchain supports programmable privacy via zero-knowledge proof cryptography as a core feature, upcoming releases of Rialto will enable users to confidentially transfer assets from EVM-compatible chains to Findora. This means Rialto bridge users will be able to break the link between the amount and type of assets sent from the original blockchain to the Findora blockchain — welcome to the world of PriFi!
Read the seventh Findora Academy entry in its entirety here.
#8 Findora Academy 💟 | Rialto Bridge Architecture — Deep Dive
#9 Findora Academy 💟 | How to Use Rialto Bridge — A Mini Tutorial
Findora is a public blockchain with programmable privacy. Originally conceptualized as a university cryptography research project in 2017, and finally launched to the public in 2021, Findora utilizes the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability. For more information, please visit findora.org.
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