- Daniel Finley
- April 26, 2023
- 1:11 pm
- 0 comments
The launch will establish Findora’s presence in DeFi and boost the network’s ecosystem
We couldn’t be more excited to share that Sushi Swap will be integrating Findora on Sushi v3, deploying natively on our network. This launch propels Findora into the DeFi space and will give our dApps access to new, deep pools of liquidity.
By integrating with Sushi, Findora community members will have access to a DEX with substantial liquidity and that offers trades at lower fees than on centralized exchanges. Users on some of the largest ecosystems will have access to yield farming incentives on Findora, and it will be easier than ever to swap FRA for other tokens. All chains need an economy – being connected to Sushi will help the dApps in Findora’s ecosystem grow.
And this is just the start! After Findora is added to Sushi v3, we plan to incorporate a comprehensive suite of Sushi products, growing DeFi on Findora. This launch will not only drive Findora forward but also mature DeFi on our network. The launch comes just in time to put Findora on the radar at the beginning of Consensus 2023.
“The integration with Sushi v3, we believe, is just the beginning for Findora and for our mission to bring zk to Web3. It’s a real ‘we’re not in Kansas anymore’ moment for our team. Our tech is advancing, our partnerships maturing, and we’ve made it easier than ever to access $FRA. We’re excited to have Sushi’s help as we continue to grow.”
— Sam Harrison, CEO of Discreet Labs
“We’re excited to work with Findora. It’s no secret that ZK is the next narrative in Web3, and we’re excited to be part of their journey as leaders in ZK research and to see where ZK goes in 2023 and beyond.”
– Spokesperson from Sushi
Findora Liquidity Incentives on Coming to Sushi
The Findora Foundation has committed to huge liquidity mining rewards on Sushi for yield farmers! We don’t have the details yet, but they’ll be aimed at attracting new users and raising awareness.
“Bon appétit” and “”いただきます” to our yield farmers!
We hope you get to feast on Sushi rewards!
Sushi: a Web3 Success Story
We wanted to partner with Sushi not only because of their success in attracting liquidity but also because of their dedication to the spirit of decentralization.
What started as a playful project has grown into a top-20 DEX with one of the best reputations in Web3. Even after the recent market slide, they have over half a billion in TVL, according to DeFi Llama, and have facilitated over $21 million in daily trading volume since the beginning of the year.
And they’re not done yet. The Sushi community is hugely collaborative and innovative, constantly reaching out to other communities and focused on creating new solutions like Sushi v3. They take decentralization seriously and are fully community-led and managed.
Sushi has recently announced the launch of v3, which provides a concentrated liquidity solution that is more capital-efficient.
Findora Reaches the Next Level
This integration with Sushi will establish Findora in DeFi and coincides with other exciting developments in the Findora community.
Discreet Labs has successfully secured $FRA listings on additional exchanges, such as Bitmart and LBank, while also completing an integration with Multichain to simplify asset bridging to the network. The Findora Foundation has revamped and relaunched the Grant Program and plans to announce the inaugural grantees after Consensus 2023.
Findora has been busy building in the bear market, recently completing Prism++, which brings on-chain encryption to FRC20, FRC721, and FRC1155 tokens. This breakthrough allows any token type, including NFTs, to use Findora’s zkLedger even though it is a UTXO chain. Expect to see new and exciting use cases on Findora soon!
It’s not secret that Findora has been a lesser-known-project as we’ve been head-down building our own product suite. But with the nearing completion of our tech stack, the launch of Sushi on Findora, and our grant program, it’s time for Findora to lead the way in the ZK space.
We’re excited to see what the rest of the year holds.
Summary
Sushi is integrating Findora on Sushi v3, a move that will put Findora on the DeFi map. Findora is launching a liquidity incentive program to celebrate the launch and attract yield farmers.
For Findora, the launch means:
- Access to a DEX with concentrated liquidity that provides trades at lower fees than CEXs
- A heightened profile in DeFi communities by integrating on a well-known app like Sushi
- Top ecosystems in Web3 will be able to easily access $FRA
- A stronger economy for dApps built on the Findora network
- A strong position from which Findora can bring zk to DeFi
This is the latest exciting announcement from Findora, among others. Expect to see great things this year!
About Sushi
Sushi is building a decentralized, comprehensive DeFi ecosystem complete with AMM, cross-chain capabilities, NFT artist platform and more. Follow our socials to keep up with our product launches and find out more on how you can make the most of your cryptocurrency assets with Sushi’s secure and powerful DeFi tools!
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About Findora
Findora is a Layer-1 protocol delivering zero-knowledge solutions to Web3.
Findora integrates two ledgers into a single chain: an EVM ledger for interoperability and a UXTO ledger optimized for zk operations. This dual-layer architecture lets Findora encrypt blockchain data for programmable transparency and public use. By providing new use cases, Findora’s zk tech prepares Web3 for real-world adoption.
We appreciate our developers and would love to onboard you to the Findora ecosystem. Please reach out, and join our social channels for more.
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