Concentrated Liquidity, everywhere.
Capital Efficiency, anywhere.
๐ฅ We have launched Sushiโs concentrated liquidity pools on 13 networks with more coming #soon. This launch marks the largest deployment of v3 pools, ever.
๐: sushi.com/blog/sushi-concentrated-liquidity-v3-is-live
๐: Sushi.com/pools
LPs can now have more control over how their capital is deployed on the following chains:
๐ธ @ethereum
๐ธ @arbitrum & Arbitrum Nova
๐ธ @avax
๐ธ @BNBCHAIN
๐ธ @FantomFDN
๐ธ @optimismFND
๐ธ @Fuse_network
๐ธ @MoonriverNW
๐ธ @0xPolygon
๐ธ @gnosischain
๐ธ @MoonbeamNetwork
...
...We're also including zkEVM networks starting off with:
๐น @0xPolygonDeFi (Polygon zkEVM)
And many more networks will be rolled out over the next few weeks ๐
๐๐ป 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 ๐๐ผ
Phase 1๏ธโฃ:
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 2๏ธโฃ:
Introducing a special rewards program for the most efficient LPs: The Sushi v3 Yield Booster Program! ๐ธ
With this program, LPs are eligible to get rewarded with additional $SUSHI ๐ฃ
๐ธ The rewards program will kick-off on the following networks: @ethereum @arbitrum @optimismFND & @0xPolygonDeFi and rolled out as more chains get added โ๏ธ
๐ More information and details will be released in a separate announcement #soon
๐ 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 ๐ช๐ฝ
๐ฅ๏ธ Accompanying our v3 release weโre 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.
๐ค Additionally, the last few months weโve 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!
๐ฃ 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 โจ