📣 Unlocking capital efficiency for LPs in 3..2..1.. 🎉

Get 10x more trades within a tighter range than regular pools. Try out Concentrated Liquidity (v3) Pools now!

📖 Read more: https://www.sushi.com/blog/sushi-concentrated-liquidity-v3-is-live
🚶🏻‍♀️ UI Tutorial: https://www.sushi.com/academy/articles/concentrated-liquidity-walkthrough

Read what this means 👇🏼🧵

ℹ️ What are Concentrated Liquidity Pools?

These pools enable Liquidity Providers (LPs) to "concentrate" liquidity within custom price intervals, optimizing capital usage & earning fees only within that range.

✨ This allows LPs to strategically deploy capital and earn fees when asset prices fall within their chosen range, improving overall token utilization.

Why Do We Need It? 🤔

They address the shortcomings of regular v2 (Constant Product) pools, which often lead to capital inefficiency & slippage. Concentrated Liquidity Pools allow active LPs to focus their capital & earn fees where needed most, providing better control & returns

🛠️ How Do They Work?

LPs define custom price intervals, broken into "ticks." This allows users to earn fees within their chosen interval. Users can adjust intervals to optimize capital usage and earn fees with less capital than traditional pools.

⚠️ Any Risks?

Concentrated Liquidity Pools offer improvements for users and LPs, but come with additional risks. They are less suitable for passive LPs, as positions require active monitoring for optimal returns!

Stablecoin pairs may need less monitoring, but due diligence is essential when providing liquidity in these pools.

As always, if you have questions or comments, head over to our discord community ⤵️

🗣️ https://discord.com/invite/NVPXN4e

Introducing Concentrated Liquidity Pools (v3) for LPs

Concentrated Liquidity, everywhere.
Capital Efficiency, anywhere.

🔥 We have launched Sushi’s concentrated liquidity pools on 13 networks with more coming #soon. This launch marks the largest deployment of v3 pools, ever.

📖: https://www.sushi.com/blog/sushi-concentrated-liquidity-v3-is-live
🌐: Sushi.com/pools

LPs can now have more control over how their capital is deployed on the following chains:

🔸 @ethereum
🔸 @arbitrum & Arbitrum Nova
🔸 @avax
🔸 @BNBCHAIN
🔸 @FantomFDN
🔸 @optimismFND
🔸 @Fuse_network
🔸 @MoonriverNW
🔸 @0xPolygon
🔸 @gnosischain
🔸 @MoonbeamNetwork
...

...We're also including zkEVM networks starting off with:
🔹 @0xPolygonDeFi (Polygon zkEVM)

And many more networks will be rolled out over the next few weeks 🚀

🏃🏻 With this launch, we've taken our first step towards increasing the adoption of concentrated liquidity across the DeFi space. We've broken this launch up into two distinct phases that will be rolled out over the next couple of weeks 👇🏼

Phase 1️⃣:
Rollout of v3 across 13 networks and more coming very soon, ultimately covering all of the chains Sushi is live on. Additionally, we're planning to deploy our full DEX to even more zero-knowledge rollups in the near future.

Phase 2️⃣:
Introducing a special rewards program for the most efficient LPs: The Sushi v3 Yield Booster Program! 💸

With this program, LPs are eligible to get rewarded with additional $SUSHI 🍣

💸 The rewards program will kick-off on the following networks: @ethereum @arbitrum @optimismFND & @0xPolygonDeFi and rolled out as more chains get added ⛓️

🔜 More information and details will be released in a separate announcement #soon

🚀 Furthermore, we're proud to introduce innovative routing through Tines + a new route processor (RouteProcessor3) to unify liquidity across all of Sushi by enabling pools of all types to interact with each other, effectively creating a large pool of liquidity to trade against..

...Tines will construct the most cost-efficient route for a swap to take based on the current conditions, then will execute the swap that has the lowest price impact.

This design ensures users get the cheapest swaps possible with maximum capital-efficiency 💪🏽

🖥️ Accompanying our v3 release we’re also proud to introduce a completely new and improved UI for max simplicity and an effortless user experience: step-by-step UX guidance, light/dark mode and a graphical price range selector.

🤝 Additionally, the last few months we’ve been working with exciting partners that have built on top of our v3 pools and we are excited to reveal additional features that will simplify and automate your v3 LP experience over the next couple of weeks!

🍣 We take pride in leading the way with our multi-and-cross chain concentrated liquidity launch.

With our robust cross-chain infrastructure, v3 coverage, and improved UI, we're confident that LPing with Sushi on v3 will be more efficient, effortless and eventually automated ✨

Sushi Launches Concentrated Liquidity Pools on 13 Networks

🍣 Sign-up now for Sushi's inaugural industry event:
The DeFi Kitchen virtual event & Hackathon 🎉

🗓 Date: March 9th 2023
⏰ Time: 15:00 - 19:30pm UTC
📍 Location: virtual

📖 Read more: https://www.sushi.com/blog/sushi-defi-kitchen-event

👉 Sign-up for the livestream: https://bit.ly/sushidfk

This virtual industry event & hackathon is a great opportunity for the community to come together and learn about everything that’s happening in the crypto space 🚀

🎙️ We have assembled a fantastic selection of A-list speakers/panelists from a variety of backgrounds...

...including representatives from well-known DeFi protocols, institutions and project founders. 💪🏽
The event provides a unique opportunity to get an inside scoop of what’s happening at top tier DeFi protocols, institutions and established crypto companies. 👀

🙏🏻 A big thank you to our partners & Hackathon bounty providers: @ETHDubaiConf, @ethdotorg and @ThunderCoreLab for helping and supporting builders. They form an important pillar for growth and development in the crypto ecosystem.

👩🏻‍💻 Hackathon sign-up: https://ethdubai-sushiswap-hackathon.devpost.com/


the DeFi Kitchen

📩 Save The Date! 🎉

Sushi is proud to announce the launch of its inaugural DeFi Kitchen virtual event & Hackathon👇🏼

🗓 Date: March 9th 2023
⏰ Time: 15:00 - 19:30pm UTC
📍 Location: virtual event

👉 Check out our list of amazing speakers & sign-up! bit.ly/sushidfk

✨ This industry event & hackathon promises to be a great opportunity for the community to come together and learn about everything that’s happening in the crypto space 🚀

💯 We have assembled a fantastic selection of A-list speakers/panelists from a variety of backgrounds including representatives from well-known DeFi protocols, institutions and project founders.

📺 The virtual event is open to everyone that is interested or involved in crypto, and provides a unique opportunity to get an inside scoop of what’s happening at top tier DeFi protocols, institutions and established crypto companies.

👩🏻‍💻 The hackathon will focus on the developer audience to cook up innovative solutions and features on several different protocols. We have joined forces with @ETHDubaiConf (https://www.ethdubaiconf.org/) to collaborate on a variety of technical workshops and a big prize pool 💸

ℹ️ An in depth agenda and hackathon information will be released very #soon. Stay tuned!

👉 Don't miss out and sign up: https://bit.ly/sushidfk

Sushi DeFi Kitchen - Virtual Event & Hackathon

1/ Decentralized exchanges (DEXs) offer a range of benefits compared to centralized exchanges. Here are just a few👇

2/

📌No KYC:

DEXs don’t require users to go through KYC (know your customer) processes, which can be a big plus for those who value privacy.

3/

📌Full Transparency:

All transactions are recorded on the blockchain, giving users complete visibility.

4/

📌Self-custodial:

With DEXs, users hold and manage their own assets, rather than replying on a third party to do it for them. This gives users full control and autonomy over their own assets.

5/

✨In a nutshell, DEXs allow for peer-to-peer trading through the use of automated smart contracts, while offering more privacy, transparency, and control.

Sushi🍣 offers a user-friendly AMM, allowing users to easily trade crypto assets. Plus, with our direct fiat on-ramp feature you can convert your local currency into crypto and start trading right away.

6/

But that’s not all. With Sushi, you can also earn yield on your assets through our ‘Earn’ feature👨‍🌾

All of these tools are available in one convenient app, making it easier than ever to manage your crypto portfolio!

🔗sushi.com/app

7/

If you want to learn more about how to use our platform, visit 🔗 sushi.com/academy to access our wide range of educational resources 📚