*Become a crypto chef with SushiSwap! Sushi is one of the most used and reliable decentralized exchanges, deployed across 10+ blockchains and supporting thousands of tokens. You can trade, earn, stack yields and safely move assets across chains, all on one decentralized, community-driven platform.* 

*Welcome to the home of DeFi:* [Sushi](https://sushi.com/)

![avalanche.png](https://cdn.sushi.com/image/upload/v1686082659/avalanche_9f853c61f9.png)

We are pleased to announce that we have officially rolled out our v3 suite of products on Avalanche! Though the protocol has been live on Avalanche for quite some time, this marks Sushi’s first concentrated liquidity offering on the chain. In addition to concentrated liquidity pools, the new integration also includes SushiXSwap for cross-chain swaps and our brand new DEX aggregator to aim for the best quotes across every pair.

Avalanche needs no introduction, having cemented themselves as one of the top blue-chip stalwarts in the space for the past few years. It was only a matter of time before we brought our v3 releases to Avalanche, and we are excited to continue to work with  Avalanche to continue to build on this vibrant ecosystem.

## What's Available?

We have buffed up our existing offerings on Avalanche with this latest release, deploying a trio of our new products on-chain: concentrated liquidity pools, SushiXSwap, and our DEX aggregator.

### Concentrated Liquidity Pools

Concentrated liquidity pools are the flagship feature of the new v3 release, allowing for users to provide liquidity and earn rewards in the most efficient way possible. They work by splitting the price curve of a specified pair into intervals, creating a unique price curve in each interval that fluctuates based on the amount of liquidity provided in that specific interval, or price range. This model allows for liquidity providers (LPs) to allocate their capital around their own defined price range, giving LPs full control over when and where their position will likely be generating fees.

📚 You can see existing concentrated liquidity pools on Avalanche or create your own [here](https://www.sushi.com/pools?&chainIds=43114&farmsOnly=false&protocols=SUSHISWAP_V3&tokenSymbols=,)

📚 You can learn how to create, manage and close a concentrated liquidity position on Sushi [here](https://www.sushi.com/academy/articles/concentrated-liquidity-walkthrough)

### SushiXSwap

SushiXSwap is our cross-chain messaging protocol, built upon LayerZero’s Stargate technology. It enables Sushi users to make swaps across multiple chains, abstracting away any additional steps (bridging funds, utilizing multiple protocols, swapping into the native currency, etc.) into one intuitive interface. Users simply need to toggle cross-chain swaps and select Avalanche as the source or destination chain to begin using SushiXSwap immediately.

📚 If you’d like to learn more about SushiXSwap, you can read about it [here](https://www.sushi.com/academy/articles/sushi-xswap-a-crosschain-dex)

### DEX Aggregator

Last but certainly not least, we have deployed our brand new DEX aggregator onto Avalanche as well. Our DEX aggregator aims to get users the best quotes for their swaps by aggregating multiple DEXs together, unifying liquidity and providing a deeper pool for users to trade against. This also opens up the sheer amount of assets that can be traded on Sushi on Avalanche, since the aggregator can pull multiple quotes for tokens that were not available to be traded on the Sushi UI before. The aggregator automatically works its magic in the background; Sushi users can believe that they are getting the better, cheaper quotes for their swaps in normal market conditions, which can now be felt while transacting on Avalanche!

📚 If you'd like to learn more about our DEX aggregator, you can do so [here](https://www.sushi.com/blog/dex-aggregator-live)

## Looking Ahead

We are excited to bring Sushi v3 to Avalanche and their loyal community! With the widest selection of v3 pools across all DEXs, we hope to continue to open up and provide more access to exciting, novel DeFi products for everyone, no matter where they are or which chain their capital lives on. Be sure to let us know what you think on [Twitter](https://twitter.com/SushiSwap) or [Discord](https://discord.com/invite/NVPXN4e) and keep a close eye on our socials for further product updates.

If you’d like to know more about Sushi, Avalanche or any of the products mentioned, please consider reading more at the following links:

- [Sushi Academy](https://www.sushi.com/academy)
- [Avalanche Documentation](https://docs.avax.network/intro)

_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!_

[Exchange & XSwap](https://www.sushi.com/swap) | [Docs](http://docs.sushi.com/) | [Discord](https://discord.gg/vVpV8Zng6s) | [Telegram](https://t.me/sushiswap) | [Newsletter](https://open.substack.com/pub/sushiexpress/p/sushi-express?r=1xcnv8&utm_campaign=post&utm_medium=email) | [Youtube](https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ) | [Tutorial](https://www.sushi.com/blog/sushi-quick-start-guide) | [Github](https://github.com/sushiswap)

avalanche.png

Learn about Sushi's new V3 product offerings on Avalanche

Sushi V3 Is Live On Avalanche!

![SUSHI-THUNDERCORE.png](https://cdn.sushi.com/image/upload/v1685976176/SUSHI_THUNDERCORE_e8978487b4.png)

We are pleased to announce that we have deployed on [ThunderCore](https://www.thundercore.com/), a leading L1 blockchain, to bring multiple of our products to their burgeoning ecosystem. As a part of the integration, we are also happy to unveil that together we are implementing a fee boosting model as we look to explore long-term sustainability models between decentralized exchanges (DEXs) and blockchains. With this new model in place, both Sushi and ThunderCore are making an active commitment to the new model by boosting APRs for relevant pools via native token buybacks, sourcing the funds from fees generated by mutual activity on Sushi and ThunderCore.

## What Is ThunderCore?

Let’s talk a bit about ThunderCore before we dive into the rest of the announcement - what is it exactly? ThunderCore is a Layer 1 (L1), fully EVM-compatible blockchain with its own novel consensus engine derived from Proof-of-Stake (PoS). Originally developed in 2017 with the goal of increased, cheaper transactions per second (TPS) while maintaining Ethereum’s security, ThunderCore has since blossomed into a major proponent for a fully-interoperable ecosystem with quick and cheap transactions that doesn’t sacrifice on security.

With many protocols, tools and games to choose from, ThunderCore is able to boast a robust ecosystem full of genuine teams that are all looking to improve the chain together, secured by a single underlying token ($TT). As it’s fully EVM-compatible, existing protocols and teams on other chains can easily deploy on the ThunderCore network with minimal changes to their smart contracts and infrastructure, if any at all. With a handful of native services already available such as a bridge, wallet, DEX, pools and farms, it was easy to see that the ThunderCore team was building and delivering on their initial goals and beyond.

## Sushi x ThunderCore

The Sushi x ThunderCore integration consists of two main parts, both of which add value for users of Sushi and ThunderCore in different ways.

### Sushi Products On ThunderCore

The first major change to note is that Sushi is now live on ThunderCore. We’ve deployed a majority of our product suite there, and each of the below can now be used immediately on the ThunderCore chain and its custodial wallet: [TTwallet](https://hub.thundercore.com/index.html)

Current products deployed include:

- **BentoBox:** Sushi’s underlying token vault that puts unused capital into action, employing the capital in low-risk strategies that increase yield for users on top of any other yield they may be accumulating, automatically

- **Furo:** Sushi’s token-streaming platform built upon BentoBox which allows for token streaming of any compatible asset to any wallet over any timeframe, along with options to create token vestings and cliffs as well

- **Onsen:** Onsen farms are Sushi’s “double reward” farms that are for either new projects seeking liquidity or for established projects that Sushi is working with closely; these pools payout in two assets instead of one

- **SushiXSwap:** Sushi's cross-chain swap tool for quick, trustless swaps between supported chains

- **V3 AMM:** Sushi’s new v3 AMM that includes concentrated liquidity pools in addition to other pool types, as well as Sushi’s in-house smart order router Tines and new DEX aggregator


### Fee Boosting Model

The second part of the integration is a new fee boosting model that we have agreed upon with ThunderCore. In it, we have both agreed that a percentage of fees generated from activity conducted on ThunderCore via Sushi will be used to buy both $SUSHI and $TT. These newly-bought tokens will be used as rewards to be distributed to LPs, boosting APRs for everyone. This means that ThunderCore will also be _one of the earliest chains to implement concentrated liquidity farming rewards on Sushi!_ We view this as a commitment to each other to build one of the best environments possible in DeFi, and we believe the trust is well placed. With both sides of the partnership boosting token rewards, together, now is a great time to make your way over and become an LP!

## Looking Ahead

We are excited to see our new partnership with ThunderCore in action and believe this could become a new paradigm in DEX - Blockchain relationships. Deploying our suite of products on ThunderCore helps to flesh out their ecosystem tooling, while coordinating via a fee boosting model allows each team to drive up more rewards for both $SUSHI and $TT; in summary, everyone wins! Let us know what you think about the new integration on either [Twitter](https://twitter.com/SushiSwap) or [Discord](https://discord.gg/sushi-swap) and try Sushi on ThunderCore today.

If you’d like to learn more about ThunderCore or Sushi, please consider visiting the links below:

- [ThunderCore Docs](https://docs.developers.thundercore.com/)
- [ThunderCore Website](https://www.thundercore.com/)
- [Sushi Academy](https://www.sushi.com/academy)

SUSHI-THUNDERCORE.png

Learn about the new Sushi x ThunderCore integration and what it means for users

Sushi Integrates With ThunderCore

![dex-agg-live.png](https://cdn.sushi.com/image/upload/v1685985594/dex_agg_live_ec5c6690f6.png)

We proudly announce some essential news: Sushi has officially joined the DEX aggregation business! For the past few months, our team has secretly been building an aggregation router that will allow Sushi users to get some of the best prices possible for their trades on the protocol without adding any extra steps on their behalf. 

This aggregator is part of the bigger vision for Sushi in 2023, as [laid out by our Head Chef, Jared Grey, in his most recent article](https://jared-grey.medium.com/sushi-revitalized-f2e9161d293f). The goal is to deliver optimal pricing to our users while also opening up the sheer amount of assets our users can trade with and liquidity providers (LPs) can provide liquidity for, increasing the number of swap fees they can accrue. Here, we will discuss what a DEX aggregator is, why we think they are essential, and outline how our users and LPs will benefit the most from the new release. Let’s dive in!

## What Is A DEX Aggregator?

First things first, what is a DEX aggregator exactly? Initially developed as a project during a hackathon back in 2019, DEX aggregators unify liquidity across the various exchanges on a given chain by using complicated algorithms to find the best possible (read: cheapest) routes for a user’s swap. Like many services today aggregate hotel prices and give users the most affordable recommendation by incorporating multiple sites and their respective deals, DEX aggregators do the same for swaps.

These aggregators achieve this by collecting all of the data and rates from each decentralized exchange on a chain, which they are then able to run their algorithms on to calculate the cheapest way to execute swaps, many times by splitting the actual order itself up amongst the various exchanges. Aggregators have become extremely popular amongst users in the DeFi space for this exact reason, allowing for a single, unified interface to communicate with all of the exchanges and do the heavy lifting for them, as opposed to users manually going through each exchange and calculating the different prices themselves.

## Why Are They Important?

At this point, you can see the value of DEX aggregators and why they have become so popular - they save you money! However, if popular aggregators already exist, you might be asking yourself why Sushi would want to wade into the waters with their version, which would be an excellent question - let’s discuss.

The Sushi DEX aggregator is vital infrastructure for our vision of 2023 and our plan to become the hub of swaps in DeFi. We needed a sophisticated router for Trident due to its composability - multiple fee tiers, multiple pool types, etc. - and realized it made more sense to have an overall universal router to not only handle the load of the various possible inputs but also to improve the existing infrastructure and provide the maximum amount of benefits to our users. The most significant and most essential of these benefits the aggregator brings to the table is that it is “biased,” routing many of the trades through Sushi and allowing for exposure to a plethora of tokens that were not available in the Sushi UI before. We hope this drives more users to utilize the protocol and make trades on it, which also has additional benefits for LPs.

## What This Means For Liquidity Providers (LPs)

As the aggregator brings a new wealth of asset options to users, it follows that it will attract even more users to the platform, which in turn leads to more swap fees for LPs and attracts more liquidity overall in a positive feedback loop. Opening up the door to a large number of tokens that were not previously available on Sushi has an added benefit for LPs as well to note: even if a pair doesn’t have a liquidity pool yet on the UI, the aggregator allows us to quote the swap through other exchanges still, meaning that sharp-eyed LPs _can take advantage of a token's popularity or uptrend_. It makes sense for LPs to begin looking to see what pairs people are making swaps on and if a pool already exists for the pair; if a pool doesn’t exist, providing some liquidity for the pair would allow the savvy LP to eat into the volumes of those pairs due to the biases of the router, allowing for even more fees to be distributed to them. It’s a great time to be an LP on Sushi!


## Looking Ahead

In conclusion, users, LPs, and the protocol at large all stand to benefit from the release of the Sushi aggregator. Users have increased exposure to multiple protocols and assets. They can have their orders executed at optimal prices by unifying the liquidity of all DEXs and Trident pools, which leads to increased trading and, therefore, swap fees for LPs. _Our vision at Sushi is to become the true hub for swaps: a one-stop shop where users and LPs alike can do their thing and make the cheapest swaps and accrue the maximum fees_, respectively. To satisfy our ambitious vision, we needed to support tokens listed across all exchanges to attract LPs and deepen our liquidity for each pair. Looking forward, we plan to increase access to liquidity through other DEXs and link directly with market maker flows; improved limit orders and overall order filling will be a focus as well as we continue to build throughout the year.

We are excited to be along for this journey with you all and hope the release of the aggregator has the desired effects over time for everyone involved. As always, if you have any further questions or comments concerning the aggregator, we would love to hear them in either the [Discord](https://discord.gg/vVpV8Zng6s) or on [Twitter](https://twitter.com/SushiSwap).

dex-agg-live.png

Learn all about Sushi's brand new DEX Aggregator!

Introducing The Sushi DEX Aggregator

![CL Live 3.jpg](https://cdn.sushi.com/image/upload/v1683126275/CL_Live_3_ad2ede696b.jpg)

## Concentrated Liquidity, Everywhere. Capital Efficiency, Anywhere.


Today, we have launched Sushi's concentrated liquidity (v3) pools [(sushi.com/pools)](https://sushi.com/pools) on 13 networks, with more coming soon. This launch marks the broadest deployment of v3 pools ever.

Sushi is at the forefront of concentrated liquidity adoption across the entire DeFi ecosystem. 
Our unique position as the first and only DEX with the most comprehensive coverage of v3 pools, coupled with our robust cross-chain infrastructure, allow users and Liquidity Providers (LPs) alike to seamlessly manage funds across all networks, making trading and providing liquidity easier than ever before. As a result, the introduction of v3 enables users and LPs to benefit from more trading volume, liquidity, and reduced exposure to potential impermanent loss. We’ve also upgraded the user experience with the launch of our new UI. The new UI makes it easier for users to navigate the platform, access information about their positions, and manage their trades more effectively.


### Capital Efficiency: Less Slippage, More Profit


The concentrated liquidity pool design helps traders and liquidity providers (LPs) optimize their trading experience. Concentrated liquidity pools are capital efficient because they allow liquidity providers (LPs) to concentrate their funds in a smaller price range around the current market price, which reduces the spread between buy and sell orders, reducing slippage for traders. With lower slippage, traders can execute trades with greater precision, resulting in more trading volume and liquidity, creating a positive feedback loop and increasing the LPs' pool profitability.

By concentrating liquidity in a smaller price range, the potential for impermanent loss lessens, allowing LPs to provide liquidity with fewer tokens, delivering greater capital efficiency than traditional liquidity pools, where LPs must deploy more capital to cover a wider price range.


### Maximum Simplicity and Intuitive UI


Accompanying our concentrated liquidity release, we’re proud to introduce a new, improved UI for max simplicity and an effortless user experience. We’ve implemented the following:

![Screenshot 2023-05-04 at 17.39.34.png](https://cdn.sushi.com/image/upload/v1683189612/Screenshot_2023_05_04_at_17_39_34_d45f57381c.png)


**Light & Dark Mode**

You can now trade more comfortably by choosing the mode that suits your preference.

![Screenshot 2023-05-04 at 17.42.23.png](https://cdn.sushi.com/image/upload/v1683189760/Screenshot_2023_05_04_at_17_42_23_3b094b23f6.png)

**Step-by-Step UX Guidance**

Guiding users for each step involved in adding liquidity.

**Price Range Selector**

Graphical representation of the price range a user intends to provide liquidity.



### Innovative Routing

The v3 release includes a brand new route processing contract for our in-house smart order routing system, Tines. 
Together, Tines and the new route processor (RouteProcessor3) 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.

### What’s Next?

With this launch, we’ve taken our first step towards increasing the adoption of concentrated liquidity across the DeFi space. Over the next few weeks, we will launch our comprehensive, nearly 30-concentrated liquidity network support in two phases.


⛓️ **Phase 1: Multichain**

Rollout of v3 across 13 networks and more coming very soon, ultimately covering all 30 chains live on Sushi. Additionally, we plan to deploy our full DEX to zero-knowledge rollups soon.
The complete list of networks Sushi v3 is currently live on are: 

1. Arbitrum
2. Arbitrum-nova
3. Avalanche
4. BSC
5. Fantom
6. Fuse
7. Moonriver
8. Polygon
9. Optimism
10. Ethereum
11. Gnosis
12. Moonbeam 
13. Polygon zkEVM

--

💸 **Phase 2: Rewards**

In the next phase, we'll introduce a unique rewards program for the most efficient LPs. With this program, LPs are eligible to get rewarded with additional $SUSHI. The rewards program will kick-off on the following networks: Ethereum, Arbitrum, Optimism & Polygon and rolled out as more chains get added. More information and details will be released in a separate article #soon.

In the last few months, we’ve also been working with exciting partners who 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. 


We take pride in leading the way with our multi-and-cross-chain concentrated liquidity launch, representing a significant step forward in developing the DeFi ecosystem. With our robust cross-chain infrastructure, v3 coverage, and improved UI, we are confident that our users and LPs will benefit from a better trading experience and increased capital efficiency. 

**Try it out now:** [Sushi.com/pools](https://sushi.com/pools)



_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!_

[Exchange & XSwap]([https://www.sushi.com/swap](https://www.sushi.com/swap)) | [Docs]([http://docs.sushi.com/](http://docs.sushi.com/)) | [Discord]([https://discord.gg/vVpV8Zng6s](https://discord.gg/vVpV8Zng6s)) | [Telegram]([https://t.me/sushiswap](https://t.me/sushiswap)) | [Newsletter]([https://open.substack.com/pub/sushiexpress/p/sushi-express?r=1xcnv8&utm_campaign=post&utm_medium=email](https://open.substack.com/pub/sushiexpress/p/sushi-express?r=1xcnv8&utm_campaign=post&utm_medium=email)) | [Youtube]([https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ](https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ)) | [Tutorial]([https://www.sushi.com/blog/sushi-quick-start-guide](https://www.sushi.com/blog/sushi-quick-start-guide)) | [Github]([https://github.com/sushiswap](https://github.com/sushiswap))

CL Live 3.jpg

Concentrated Liquidity, Everywhere. Capital Efficiency, Anywhere.


Sushi Concentrated Liquidity v3 Is Live!

![Routepocessor2claim.png](https://cdn.sushi.com/image/upload/v1682438044/Routepocessor2claim_4ac6bb6ec0.png)

Please read the below instructions on how to claim your tokens if you have been affected by the RouteProcessor2 exploit.
If you'd like more context on what this is about please read our [Post Mortem](https://www.sushi.com/blog/routeprocessor2-post-mortem).

### The first batch: User Group 1 - Funds Rescued
_Note: the following claim portal only works for users with tokens that ended up in the [0x74ebb8e8d0b0cc65f06040eb0f77b5da0e33ffee](https://debank.com/profile/0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE) rescue contract!_

🌐 **You can now claim your lost tokens here:** [sushi.com/claims/rp2](https://www.sushi.com/claims/rp2)


ℹ️ N.B: For all future users who have their tokens recovered AFTER the opening of the claim portal, we will update the contract periodically to include these tokens as well. Given the probability of further token recoveries, the claim process will continue to run on an ongoing basis.

### **For users in: User group 2 - Funds Not Rescued**


For users with tokens that did not end up in the [0x74ebb8e8d0b0cc65f06040eb0f77b5da0e33ffee](https://debank.com/profile/0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE) rescue contract. Sushi has set-up a separate claim process for this, where the claims have to be reviewed on a case-by-case basis. We have opened a Google Form, which affected users in this group should complete with all the necessary information **[HERE](https://forms.gle/oXjv7zp7XkpQQPtY7)**

💡 The first batch of users have already been reviewed, and we'll drop the tokens for this group into their wallets directly. This will happen very soon, kindly await an official notification regarding the completion of this process!


### ⚠️ Last but not least, please take note of the following security tips:

- Stay safe, DO NOT click on any other links you see online about the claim portal, ONLY click the link that's communicated on Sushi official channels.

- All official communication occurs through [Sushi Twitter](https://twitter.com/SushiSwap) and [Sushi Discord](https://discord.gg/sushi-swap) ONLY.

- Do not click on any links that people DM you. The only links you should follow are from [Sushi Twitter](https://twitter.com/SushiSwap) and [Sushi Discord](https://discord.gg/sushi-swap).

- Sushi team members will never DM you about refunds. If someone does, it's likely a scam.

- Sushi is not conducting any airdrops at the moment. If someone DMs you about it, it is NOT from Sushi.

💬 **Still have questions?**

Hit us up on [Discord](www.discord.gg/sushi-swap) or on [Twitter](https://twitter.com/SushiSwap).

*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!*

[Exchange & XSwap](http://sushi.com/swap) | [Docs](http://docs.sushi.com/) | [Academy](http://sushi.com/academy) | [Discord](https://discord.gg/sushi-swap) | [Twitter](https://twitter.com/SushiSwap) | [Telegram](https://t.me/sushiswap) | [Newsletter](https://open.substack.com/pub/sushiexpress/p/sushi-express?r=1xcnv8&utm_campaign=post&utm_medium=email) | [YouTube](https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ) | [Github](https://github.com/sushiswap)

Routepocessor2claim.png

Claim your funds if you were affected by the RouteProcessor2 exploit!

Sushi RouteProcessor2 Claim Portal Is Live!

_Become a crypto chef with SushiSwap! Sushi is one of the most used and reliable decentralized exchanges, deployed across 10+ blockchains and supporting thousands of tokens. You can trade, earn, stack yields and safely move assets across chains, all on one decentralized, community-driven platform. Welcome to the home of DeFi: [Sushi](https://sushi.com/)_

----

💡 Before you can provide liquidity you'll need to have the $axlUSDC token and USDC in your wallet. Follow [these steps ](https://www.sushi.com/academy/articles/Buy-axlUSDC-tokens) if you want to learn more about buying & selling your $axlUSDC tokens.

**🍣 What does providing liquidity mean?**

**[Liquidity Providers](https://coinmarketcap.com/alexandria/glossary/liquidity-provider)** (LPers) provide pool liquidity on the Sushi Exchange to improve $axlUSDC market efficiency and earn trading fees. Liquidity providers receive a portion of trading fees corresponding to their “pool share”.



**💰 How to add $axlUSDC to Sushi as a Liquidity Provider (LP)**

1. Connect your wallet (MetaMask in this example) to Sushi and head over to "Earn" in the menubar. Select Arbitrum One in “Networks” tab and enter axlUSDC on the “filter tokens” search bar. *Double check and make sure you are connected to Arbitrum One
![Screenshot 2023-02-14 at 9.53.44 AM.png](https://cdn.sushi.com/image/upload/v1676386383/Screenshot_2023_02_14_at_9_53_44_AM_ecee8219b7.png)
*This is a reference image that serves as an example of the action to be taken

2. Point your cursor over the first pool and click on deposit , this will lead you to [this page](https://www.sushi.com/earn/arb1:0x863eed6056918258626b653065588105c54ff2ac/add).
![Screenshot 2023-02-14 at 10.02.15 AM.png](https://cdn.sushi.com/image/upload/v1676386383/Screenshot_2023_02_14_at_10_02_15_AM_12f29bb9d2.png)
_*This is a reference image that serves as an example of the action to be taken_

3. Select the $axlUSDC and USDC token amounts you would like to add to the liquidity pool. Note: Both tokens will automatically represent a 50/50 balance, make sure you have enough tokens of each in your wallet.
![Screenshot 2023-02-14 at 10.04.09 AM.png](https://cdn.sushi.com/image/upload/v1676386383/Screenshot_2023_02_14_at_10_04_09_AM_90ff77ae60.png)
_*This is a reference image that serves as an example of the action to be taken_

4. Approve $axlUSDC and $USDC token (if you haven't already).
![Screenshot 2023-02-14 at 10.04.30 AM.png](https://cdn.sushi.com/image/upload/v1676386607/Screenshot_2023_02_14_at_10_04_30_AM_a2785a5112.png)
_*This is a reference image that serves as an example of the action to be taken_
![Screenshot 2023-02-14 at 10.05.20 AM.png](https://cdn.sushi.com/image/upload/v1676386607/Screenshot_2023_02_14_at_10_05_20_AM_3c03cc4b50.png)
_*This is a reference image that serves as an example of the action to be taken_

5. Confirm Adding Liquidity.
![Screenshot 2023-02-14 at 10.06.34 AM.png](https://cdn.sushi.com/image/upload/v1676386648/Screenshot_2023_02_14_at_10_06_34_AM_27f7bf0f2c.png)
_*This is a reference image that serves as an example of the action to be taken_

6. Once the transaction is confirmed, you will see your liquidity position on there right side of the app. 
![Screenshot 2023-02-14 at 10.08.41 AM.png](https://cdn.sushi.com/image/upload/v1676386685/Screenshot_2023_02_14_at_10_08_41_AM_83b841dc24.png)
_*This is a reference image that serves as an example of the action to be taken_

7. Now click on “Stake Liquidity” and select the amount of SLP you want to receive incentives on. You will be asked to approve the SLP if you haven’t such as in the images below. 
![Screenshot 2023-02-14 at 10.13.49 AM.png](https://cdn.sushi.com/image/upload/v1676386724/Screenshot_2023_02_14_at_10_13_49_AM_341d9b10af.png)
_*This is a reference image that serves as an example of the action to be taken_
![Screenshot 2023-02-14 at 10.14.16 AM.png](https://cdn.sushi.com/image/upload/v1676386742/Screenshot_2023_02_14_at_10_14_16_AM_b4b3f66120.png)
_*This is a reference image that serves as an example of the action to be taken_

8. To view your pool position at any time, head over to the menubar and click on "Earn" and go to “My Positions”  You'll find an overview of and are able to manage all your LP positions from this page.
![Screenshot 2023-02-14 at 10.17.46 AM.png](https://cdn.sushi.com/image/upload/v1676386783/Screenshot_2023_02_14_at_10_17_46_AM_37a367bcf0.png)
_*This is a reference image that serves as an example of the action to be taken_

9. Congratulations! You have successfully staked your tokens as a "Liquidity Provider" in Sushi. This means when people make a trade you will be eligible for part of the 0.25% trade reward.

💬 **Still have questions?**

Hit us up on [Discord](www.discord.gg/sushi-swap) or on [Twitter](https://twitter.com/SushiSwap).

*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!*

Sushi (2).png

Learn more about add $axlUSDC to Sushi as a Liquidity Provider (LP)

How To Provide Liquidity For $axlUSDC On Sushi?

![transak-sushi-banner.png](https://res.cloudinary.com/sushi-cdn/image/upload/v1666190629/transak_sushi_banner_80f894d072.png)

Today we are pleased to announce that we have partnered with [Transak](https://transak.com/) to integrate their fiat on-ramp into the Sushi app! Sushi users can now buy 130+ cryptocurrencies _directly from the Sushi app homepage_ using any of the 21+ local payment methods supported, from almost any country in the world. This is a quality-of-life improvement that has been a long time coming, and we’re proud to take this step in continuing to offer our users easier and easier access to DeFi. Let’s learn how it works!

## Fiat On-ramp

At its core, the integration is simply a fiat on-ramp for buying cryptocurrency directly via credit card, debit card, Apple Pay or Google Pay - any of these options can now be used to purchase a vast number of supported cryptocurrencies, which number in the hundreds at the time of writing. The current user experience for purchasing tokens in DeFi is arguably broken: users must first visit a centralized exchange (such as Coinbase, Binance, Kraken, etc.) to enable utilizing traditional means to purchase cryptocurrencies, which then they usually move to another wallet (such as MetaMask, TrustWallet, Ledger, etc.) to then, finally, be able to use those freshly bought funds across DeFi protocols. This cumbersome process is one that many of us have had to get used to out of necessity, but is also one of the main blockers in onboarding massive amounts of people to the space.

## Buy Buy Buy

The process of purchasing crypto via the Transak fiat on-ramp is extremely simple and intuitive. At the top of the homepage, you will see that there is now a _Buy Crypto_ option located next to the _Swap_ and _Earn_ tabs, as noted in the picture above. Once you select the _Buy Crypto_ tab, you will immediately be routed to Transak’s payment page, where you can then input the currency you wish to pay in, the method of payment (credit/debit card, Apple Pay, Google Pay) and the token you would like to receive, all conveniently in one spot. The modal to purchase will look similar to the below:

_**Note:** If it is your first time using Transak, users will need to complete a Know-Your-Customer (KYC) form in order to utilize it_

## How Does It Work?

From a technical standpoint, integrating the Transak on-ramp changes absolutely nothing about the Sushi app or any of its underlying contracts; the only difference users will see is the _Buy Crypto_ option on the user interface. Our developers simply integrated the Transak SDK, which enables the on-ramp to function without interacting with anything else in the codebase. The way a transaction works on Transak can be broken down easily into a few simple steps:

- The user places an order in their preferred fiat for their crypto of choice and selects a payment method
- If this is the user's first time buying via Transak, the user goes through Transak's streamlined KYC process
- Transak takes a fiat payment from the user
- Transak converts it to crypto and sends it to the user's wallet

All users must do afterwards is navigate back to the Sushi app and then can begin trading and utilizing the Sushi suite of products with the new funds immediately!



![transak-fiat-onramp.gif](https://res.cloudinary.com/sushi-cdn/image/upload/v1666186886/transak_fiat_onramp_5dc089a3c2.gif)

_*This is a reference image that serves as an example of the action to be taken_

In addition to Transak, there are several other fiat onramps available. Here is a curated list of alternative options:

- Coinbase
- Onramper
- Moonpay
- Binance
- Crypto.com
- Kraken
- Simplex

If you have any additional questions/comments/concerns, as always please hit up our Samurais in the [Discord](https://discord.gg/vVpV8Zng6s) or let us know via [Twitter](https://twitter.com/SushiSwap)!

_Additional Readings_:
- [Sushi Documentation](https://docs.sushi.com/)
- [Transak Website](https://transak.com/)
- [Transak Documentation](https://docs.transak.com/)

_Sushi is building a comprehensive DeFi ecosystem with AMM, leverage & margin trading platform, token launchpad and NFT artist platform. 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!_

[Exchange & XSwap]([http://app.sushi.com/](http://app.sushi.com/)) | [Kashi]([https://app.sushi.com/bento/kashi](https://app.sushi.com/bento/kashi)) | [MISO]([https://app.sushi.com/miso](https://app.sushi.com/miso)) | [Docs]([http://docs.sushi.com/](http://docs.sushi.com/)) | [Discord]([https://discord.gg/vVpV8Zng6s](https://discord.gg/vVpV8Zng6s)) | [Telegram]([https://t.me/sushiswap](https://t.me/sushiswap)) | [Youtube]([https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ](https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ)) | [Tutorial]([https://coinmarketcap.com/alexandria/article/sushiswap-cookbook-a-complete-tutorial-on-sushi-defi-opportunities](https://coinmarketcap.com/alexandria/article/sushiswap-cookbook-a-complete-tutorial-on-sushi-defi-opportunities)) | [Github]([https://github.com/sushiswap](https://github.com/sushiswap))

transak-sushi-banner.png

Use the Transak fiat on-ramp directly from the Sushi app

Sushi Integrates Transak Fiat Onramp

![post mortem.png](https://cdn.sushi.com/image/upload/v1681831570/post_mortem_09ce5d7535.png)

_💡 **Update 26 April 2023**: the claim portal for users to claim their lost tokens has just gone live, please read the instructions [here](https://www.sushi.com/blog/routeprocessor2-claim-portal-live)._

## What Happened?

On April 8, 2023, Sushi core contributors soft launched V3 upgrades for the protocol that included a new router called _RouteProcessor2_ to facilitate swaps from the frontend. The router was planned to be used across each iteration of Sushi’s AMM pools (v2, Trident, v3), and to also be used for future aggregating across other protocols (Uni, Pancake, etc.). The RouteProcessor2 contract was deployed to 14 networks including: Arbitrum, Arbitrum Nova, Avalanche, Boba, BSC, Ethereum, Fantom, Fuse, Gnosis, Moonbeam, Moonriver, Optimism, Polygon, and Polygon ZkEVM.

Later that night, the HYDN security team identified a critical vulnerability in the RouteProcessor2 contract that affected all user tokens that had been approved on the contract and raised the issue to Sushi’s core contributors. A subsequent war room was formed with HYDN’s security team, and Sushi promptly rolled back upgrades to the UI that included the new router to prevent any further token approvals from happening on the RouteProcessor2 contract. It became immediately clear that creating a fix, even a temporary one, was going to be challenging. This was due to the fact that the contract was non-upgradeable, could not be paused, and it was not possible to revoke access for users. As we’ve seen with similar approval bugs in the past, the only real options in this situation is to go public and recommend all affected users remove pending approvals and / or perform a whitehat rescue.

As the war room was progressing with identifying all affected wallets and working on contracts to perform the white hat rescue, an ImmuneFi report came in under the Sushi bounty program to report the same issue. Initially, the report was auto-closed due to the contract falling out of scope for not being included in the list of contract addresses within the bounty program. Sushi core contributors later re-opened the report 20 minutes later, and notified the bounty hunter that we were aware of the issue and were currently looking into it.

Early on in the data mining process to identify all affected addresses, it became clear early on that one specific address made up a majority of the balances at risk. Sushi contributors recognized the address at risk, and moved quickly to establish communication lines with the at risk user to inform them of the approval bug with the user responding shortly after that they would un-approve the contract.

Unfortunately, the user was not quick enough to un-approve the contract. Within minutes of being made aware of the situation, the bounty hunter that reported the bug through Immunefi attempted a whitehat hack to save 100 WETH from the affected user. Ultimately, their transaction was detected by MEV bots in the public mempool, who then quickly replayed the attack and drained ~1800 WETH within seconds from the at risk user. Shortly after, other bad actors were made aware of the exploit through several sources that posted results of the wallet drain via Twitter.

In response, Sushi contributors gave the greenlight to the HYDN security team to start the white hat rescue to try and save the rest of the funds that were at risk across each chain. HYDN then proceeded with the rescue, drained as much vulnerable funds as possible, and deployed a cross-chain watcher contract to front-run bad actors from performing the same exploit. HYDN was successfully able to save over $750k worth of user funds across multiple networks, and as of writing is still saving tokens as unaware users send funds to at-risk wallets.

For more information into the rescue and technical descriptions of the exploit, check out [HYDN’s blog](https://hydnsec.com/blog-posts/how-hydn-rescued-600k-worth-of-user-funds-for-sushiswap) on what happened.

## Where Did The 1,800 WETH Go?

The initial 1800 WETH that was drained from the first user’s wallet ended up in multiple wallets as a result of the 18 replayed transactions. From that amount, a total of _885 ETH_ has been returned so far:

- ~685 ETH sent to Sushi core contributors operations multisig
- 190 ETH sent to the affected user
- 10 ETH sent to the Sushi rescue contract

Due to the nature of the attack some of these transactions were built by independent block builders, where in one case a substantial amount of [ETH had been transferred as a MEV reward](https://etherscan.io/tx/0x04b166e7b4ab5105a8e9c85f08f6346de1c66368687215b0e0b58d6e5002bc32) to the block builder that then redirected it to the [Lido: Execution Layer Rewards Vault](https://etherscan.io/address/0x388c818ca8b9251b393131c08a736a67ccb19297). This resulted in ~795 ETH of the total being dispersed accordingly as _"rewards"_; more information on this portion of ETH can be found in the [Lido Governance Forum](https://research.lido.fi/t/sushi-routeprocessor2-post-exploit-request-for-comment/4383) and we are working with the Lido community on a solution to recuperate the funds.

Also as of writing, another wallet that was a part of the exploit was able to steal 94.9 ETH that is still sitting in this wallet address: [0x8AC0B9656b7c39be0d3D73828D2041E8C0e27712](https://etherscan.io/address/0x8ac0b9656b7c39be0d3d73828d2041e8c0e27712). In the event that the address owner is reading this, we urge them to **return the funds**. Failure to do so may necessitate reporting the wallet address to the relevant authorities.

## Results Of The Whitehat Rescue

We’ve made significant progress in recovering the remaining lost funds. At the time of writing, HYDN has helped Sushi rescue over $750k of user assets and the rescued funds were deposited to HYDN’s labeled whitehat wallet: [0x74ebb8e8d0b0cc65f06040eb0f77b5da0e33ffee](https://debank.com/profile/0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE). Furthermore, we have retrieved a total of 885 ETH, and an additional amount of 795 ETH is presently in the execution layer rewards vault as stated in the paragraph above.

_Sushi is committed to making all users whole, and the very last remaining part of the stolen funds lost to black hat hackers will be covered and refunded by Sushi._

Sushi understands the gravity of this incident and the impact it may have had on their users and is therefore taking every possible step to resolve this issue. To this end, Sushi has released a claim process for users affected by both the white and black hat funds. The user claim forms are currently undergoing validation, and the Merkle claim contract is being audited.

To summarize, there are 2 types of affected users and therefore 2 different ways for these users to claim back their funds:

### User Group 1: Funds Rescued

For users with tokens that ended up in the [0x74ebb8e8d0b0cc65f06040eb0f77b5da0e33ffee](https://debank.com/profile/0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE) rescue contract, their funds are safe and will be claimable through the Sushi UI by a Merkle tree contract. As of writing, all work on the claim process has been completed and we are awaiting the results of an audit before rolling out the claim portal.

This group will have the opportunity to reclaim their lost tokens on a 1:1 basis. The Sushi claim portal will also verify that each user has unapproved the vulnerable router before allowing the token reclamation process to proceed.

For all future users who have their tokens recovered **after** the opening of the claim portal, we will update the Merkle tree periodically to include these tokens as well. Given the probability of further token recoveries, the claim process will continue to run on an ongoing basis.

### User Group 2: Funds Not Rescued

For users with tokens that did not end up in the [0x74ebb8e8d0b0cc65f06040eb0f77b5da0e33ffee](https://debank.com/profile/0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE) rescue contract, it is likely that these funds cannot be recovered. Sushi will set-up a separate claim process for this group, which the user has to opt-in to, and where the claims have to be reviewed on a case-by-case basis. This process will therefore not be as quick as the first group of users, as each of the claims will need to be verified for legitimacy against on-chain data to validate the claim.

To initiate this process, we have opened a [Google Form](https://forms.gle/oXjv7zp7XkpQQPtY7), which affected users in this group should complete with all the necessary information.

Our goal is to return all user tokens to legitimate claimants, and we appreciate everyone’s patience as we work through this.


### Bounty Reward

Sushi deeply appreciates the outstanding efforts of the HYDN security team in identifying the critical vulnerability, assisting with the whitehat rescue, and helping to protect users' assets. To recognize their invaluable contribution, we have awarded HYDN $200k. This gesture underscores our commitment to the security of our platform and the importance of collaborating with skilled individuals and teams in the blockchain ecosystem.

We believe that fostering strong relationships with security experts and whitehats is essential for building a safer, more resilient DeFi ecosystem. The proactive measures taken by the HYDN security team have undoubtedly saved users from significant losses and reinforced the importance of collaboration in addressing security challenges.

As we continue to move forward, we remain dedicated to working closely with security researchers and experts to ensure the highest level of security for our users and the entire DeFi community.

## Moving Forward

Firstly, please know that **Sushi’s UI is completely safe to use now**. However, we do want to reiterate that users check their wallet for any pending approvals that they may have missed on the _RouteProcessor2_ contract. You can check your wallet approvals through [revoke.cash](https://revoke.cash/) and [sushi.com](https://www.sushi.com/swap/approvals). 

In regards to the router, the at risk contract has been fixed and sent off for a second audit before we plan to roll it out again.

### Lessons Learned

1. **The Importance of Pausability in High Activity Contracts:** Approval bugs can have catastrophic consequences, and mitigating them can be a messy affair. For high activity contracts that don't custody funds, incorporating pausability features is likely the answer. This allows contracts to be temporarily halted in case of any issues, reducing the risk of devastating outcomes.
2. **Moving Away from Unlimited Approvals:** As blockchains become cheaper and Layer 2 solutions gain prominence, unlimited approvals are both dangerous and unnecessary. We will follow the user experience of 1inch and DeFiLlama, promoting one-time approvals per swap rather than infinite approval, enhancing security for all users.
3. **Respecting Auditors' Timelines:** Attempting to fast-track contracts through the auditing process can lead to overlooked vulnerabilities. It's crucial to allow auditors ample time to thoroughly examine contracts, even when they appear to be low-risk. Every detail matters in ensuring contract security.
4. **Emphasizing Internal Review and Gradual Rollouts:** To bolster security, we will implement a higher level of internal review and testing. Gradual rollouts will be preferred over mass deployments, enabling us to identify and address issues more effectively.
5. **Encouraging Responsible Whitehat Practices:** While we appreciate the efforts of whitehats, it's vital that they are certain of their actions before intervening. Providing teams with the opportunity to respond to reports and waiting for approval before making decisions can prevent unintended consequences.
6. **Enhancing the Rollout Process for New Contracts:** To further strengthen security, we will include new contracts in the Immunefi scope list before rolling them out on the user interface. This proactive approach ensures that potential vulnerabilities are addressed before contracts become widely accessible. While it also will give whitehats some more time to report bugs in a responsible way.

## Closing Thoughts

As Sushi core contributors, we extend our sincerest apologies to all users and members of our community. We understand the gravity of this incident and the impact it may have had on users and are therefore taking every possible step to resolve this issue. We accept complete accountability for the incident and are fully committed to making all users whole. Our focus remains on executing the claims process we have established to recover the tokens lost by affected users. We are committed to this objective and will remain dedicated to its fulfillment.

We would like to express our gratitude to all those who have assisted us in the recovery process. We extend a big thank you to the HYDN security team for their exceptional effort in aiding us to salvage as much of the funds as possible. We will continue to provide regular updates on the claim process and urge affected users to remain vigilant for future updates on our official channels: [Discord](https://discord.gg/sushi-swap) & [Twitter](https://twitter.com/SushiSwap).

### ⚠️ Last but not least, please take note of the following security tips:

- All official communication occurs through [Sushi Twitter](https://twitter.com/SushiSwap) and [Sushi Discord](https://discord.gg/sushi-swap) ONLY.

- Do not click on any links that people DM you. The only links you should follow are from [Sushi Twitter](https://twitter.com/SushiSwap) and [Sushi Discord](https://discord.gg/sushi-swap).

- The Sushi claim portal is not live yet, any websites that look like a claim portal are NOT from Sushi.

- Sushi team members will never DM you about refunds. If someone does, it's likely a scam.

- Sushi is not conducting any airdrops at the moment. If someone DMs you about it, it is NOT from Sushi.

post_mortem.png

What happened in the recent exploit and what Sushi is doing to fix it

RouteProcessor2 Post Mortem

_Become a crypto chef with SushiSwap! Sushi is one of the most used and reliable decentralized exchanges, deployed across 10+ blockchains and supporting thousands of tokens. You can trade, earn, stack yields and safely move assets across chains, all on one decentralized, community-driven platform. Welcome to the home of DeFi: [Sushi](https://sushi.com/)_

----

💡 Before you can provide liquidity you'll need to have the $ARB token in your wallet. Follow [these steps](https://www.sushi.com/academy/articles/Buy-arb-tokens) if you want to learn more about buying your $ARB tokens.

**🍣 What does providing liquidity mean?**

**Liquidity Providers** (LPers) provide pool liquidity on the Sushi Exchange to improve $ARB market efficiency and earn trading fees. Liquidity providers receive a portion of trading fees corresponding to their “pool share”.



**💰 How to add $ARB to Sushi as a Liquidity Provider (LP)**

1. Connect your wallet (MetaMask in this example) to [Sushi](https://www.sushi.com/earn) and head over to "Earn" in the menu bar. Select Arbitrum in the “Networks” button and enter in the “filter tokens” search bar. 
![ARB - 4.gif](https://cdn.sushi.com/image/upload/v1680784591/ARB_4_90ec18fa18.gif)

2. Point your cursor over the relevant pool and click on deposit, this will lead you to the “Add Liquidity” page.
![ARB - 5.gif](https://cdn.sushi.com/image/upload/v1680784653/ARB_5_eafb76061f.gif)

3. Input the $ARB and ETH token amount you would like to add to the liquidity pool. Note: Both tokens will automatically represent a 50/50 balance, make sure you have enough tokens of each in your wallet. Approve both the $DPX and $ETH token (if you haven't already) and confirm ‘Add Liquidity’.
![ARB - 6.gif](https://cdn.sushi.com/image/upload/v1680784678/ARB_6_c1334cc8cf.gif)

4. Once the transaction is confirmed, you will see your liquidity position on the right side of the app.

5. Now onto Yield Farming, click on “Stake Liquidity” and select the amount of SLP you want to receive incentives on. You will be asked to approve the SLP if you haven’t already, see the instructions below.
![ARB - 7.gif](https://cdn.sushi.com/image/upload/v1680784710/ARB_7_523dbc1e19.gif)

6. To view your pool position at any time, head over to the menubar, click on "Earn" and go to “My Positions”. You'll find an overview of and are able to manage all your LP positions from this page.
![Screenshot 2023-03-31 at 3.13.05 PM.png](https://cdn.sushi.com/image/upload/v1680784757/Screenshot_2023_03_31_at_3_13_05_PM_b677ddd2fc.png)
![ARB - 8.gif](https://cdn.sushi.com/image/upload/v1680784755/ARB_8_29804f24e2.gif)

7. Congratulations! You have successfully staked your tokens as a "Liquidity Provider" in Sushi. This means when people make a trade you will be eligible for part of the 0.25% trade reward.


## More about ARB

**Tokenomics**

**DPX**
- Max Supply: 10,000,000,000
- Inflation: 2% (Max)
- Circulating Supply: 1.3 Billion 
- ARB  is the native governance token of the Arbitrum network. It is used to decentralize governance of the Arbitrum One and Arbitrum Nova chains by allowing holders to participate in the governance process by voting on proposals related to the network's development and evolution. These proposals include: protocol upgrades, network parameter changes, and economic policies.

**Initial Distribution**
- Max Supply: Uncapped
- Circulating Supply: 1,353,102
- rDPX is a rebate token that was previously given to option writers who experience losses. However, it is undergoing a revamp to rDPX V2, which will make it the backbone for synthetics on the Dopex platform. 

**Connect with Arbitrum on:**

[Twitter](https://twitter.com/arbitrum) | [Discord](https://discord.com/invite/arbitrum) | [Telegram](https://t.me/dopexofficial) | [Website](https://arbitrum.foundation/) | [Github](https://github.com/OffchainLabs/arbitrum) | [Blog](https://arbitrumfoundation.medium.com/)


How To Buy (18).png

Learn more about add $ARB to Sushi as a Liquidity Provider (LP)

How To Provide Liquidity For $ARB On Sushi?

_Become a crypto chef with SushiSwap! Sushi is one of the most used and reliable decentralized exchanges, deployed across 10+ blockchains and supporting thousands of tokens. You can trade, earn, stack yields and safely move assets across chains, all on one decentralized, community-driven platform. Welcome to the home of DeFi: [Sushi](https://sushi.com/)_

![hackathon banner.png](https://cdn.sushi.com/image/upload/v1680762148/hackathon_banner_480c39b820.png)

## 💡What is the DeFi Kitchen?

On the 9th of March we held our inaugural industry event. This industry event & hackathon was organized to provide an opportunity for the community to come together and learn about everything that’s happening in the crypto space 🚀
We assembled a fantastic selection of [A-list speakers/panelists](https://bit.ly/sushidfk) from a variety of backgrounds, including representatives from well-known DeFi protocols, institutions and project founders.

- 📺 **The virtual event:** you can rewatch a replay of the event and panels on [Sushi's Youtube](https://www.youtube.com/playlist?list=PL03oyFX32uZeGVjxQoG2B-JfnuoCkDi-7). 
 
- 👩🏻‍💻 **The hackathon:** focused on the developer audience to cook up innovative solutions and features on several different protocols. We joined forces with ETHDubai to collaborate on a variety of technical workshops and a big prize pool 💸

- 📜 [See the hackathon page here](https://ethdubai-sushiswap-hackathon.devpost.com/)


## 📊 First, Some Stats..

We would like to express our sincere appreciation to all participants for entering this hackathon. Your dedication, creativity, and work were  inspiring and did not go unnoticed. A great deal of the work produced was impressive, and we were thrilled to see the incredible solutions developed to solve complex problems in DeFi. 
Your contributions showcase the ingenuity and talent within our community, and we are grateful for you to have been a part of this event.

- 🗓️ **Hackathon duration**: 9 - 23rd March 2023
- 💰 **Total amount in prizes**: up to $84,500 in USD value
- 👩🏻‍💻 **No. of participants**: 400 hackers!
- 🤝 **No. of sponsors**: 13 amazing projects
- & A special thanks to [ETHDubai](https://www.ethdubaiconf.org/) for helping us set-up and organize the hackathon 🔥

Once again, thanks to all participants for your commitment to advancing crypto and for making the hackathon such a great success 🙏🏻


📜 [See the full list of the amazing submissions](https://ethdubai-sushiswap-hackathon.devpost.com/project-gallery).


##  ⚒️ Judging Process

All of our judges have followed a systemic set of judging criteria to make the judging across projects as fair as possible. The following criteria were taken into account for all projects submitted:

- 🔸 **Decentralized**: How decentralized the tech really is.
- 🔸 **Polishing**: How clean is the code and how polished is the UI?
- 🔸 **Originality**: Does it bring something new or some nice addition to existing tech?
- 🔸 **Timeliness**: Additional points have gone to teams that submitted their work by the deadline before extension (16th March)!


It is important to note that each sponsor retained the right to allocate the total amount of prizes at their own discretion. Each sponsor had the right to deduct or add to the allocation of prizes depending on criteria like:

- How well a team followed the rules according to the docs/description.
- The way the project has been submitted.
- The right to opt into a 'no payout' if none of the submissions fit the described task.
- Any submission was able to win more than 1 category/sponsor.

## 🥁 ...Now Onto The Results!

![ss.png](https://cdn.sushi.com/image/upload/v1680764930/ss_954edc786b.png)

- Prize of $1k in $SUSHI to: [https://devpost.com/software/yield-optimized-staking-indexer](https://devpost.com/software/yield-optimized-staking-indexer)
- Prize of $1k in $SUSHI to: [https://devpost.com/software/referral-network](https://devpost.com/software/referral-network)
- Prize of $1k in $SUSHI to: [https://devpost.com/software/eisen](https://devpost.com/software/eisen)
- Prize of $1k in $SUSHI to: [https://devpost.com/software/sushiswap-portfolio-optimiser-defi-trading-strategy](https://devpost.com/software/sushiswap-portfolio-optimiser-defi-trading-strategy)
- Prize of $1k in $SUSHI to: [https://devpost.com/abhishek-Kumar009](https://devpost.com/abhishek-Kumar009)


![mm.png](https://cdn.sushi.com/image/upload/v1680764930/mm_0241b5b319.png)

- Prize of $2,5k USD to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399376-indicultre](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399376-indicultre)
- Prize of $2,5k USD to: [https://devpost.com/software/sky-defender ](https://devpost.com/software/sky-defender )

![flow.png](https://cdn.sushi.com/image/upload/v1680764925/flow_0347abedd5.png)

- Prize of $10k in $FLOW to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/398220-metronome](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/398220-metronome)
- Prize of $2,5k $FLOW to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/398226-fruit-bowl-fun-social-defi-dapp-for-friendly-wagers](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/398226-fruit-bowl-fun-social-defi-dapp-for-friendly-wagers)
- Prize of $2,5k $FLOW to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399705-flow-flash-loans](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399705-flow-flash-loans)

![xdc.png](https://cdn.sushi.com/image/upload/v1680764929/xdc_2b6ba136e9.png)

- Prize of $4,5k in $XDC to: [https://devpost.com/software/journey-bzo7m4](https://devpost.com/software/journey-bzo7m4)
- Prize of $2,5k in $XDC to: [https://devpost.com/software/nomis-u7yl3m](https://devpost.com/software/nomis-u7yl3m)

![mn.png](https://cdn.sushi.com/image/upload/v1680764925/mn_983351d4a8.png)

- Prize of $2,5k in $BIT to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399697-deploy-it](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399697-deploy-it)
- Prize of $2,5k in $BIT to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399376-indicultre](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399376-indicultre)
- Prize of $2,5k in $BIT to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/396937-gamma](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/396937-gamma)

![tc.png](https://cdn.sushi.com/image/upload/v1680764929/tc_493f61bf9a.png)

- Prize of $3k in USD to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/398169-ninja-catalyst](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/398169-ninja-catalyst)
- Prize of $2k in USD to: [https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399707-nomis](https://ethdubai-sushiswap-hackathon.devpost.com/submissions/399707-nomis)

![prox.png](https://cdn.sushi.com/image/upload/v1680764925/prox_00c64fb4aa.png)

- Prize of $2k in $NEAR to: [https://devpost.com/software/bos-gns-network](https://devpost.com/software/bos-gns-network)
- Prize of $1,5k in $NEAR to: [https://devpost.com/software/bos-sushi-swap](https://devpost.com/software/bos-sushi-swap)

![cs.png](https://cdn.sushi.com/image/upload/v1680764929/cs_e869c68ab2.png)
- No prizes given as none of the submissions built on Sonic as described in the docs.

![5ire.png](https://cdn.sushi.com/image/upload/v1680764925/5ire_d1c308ba7b.png)
- Prize of $500 in $BUSD to: [https://devpost.com/software/5ireticket](https://devpost.com/software/5ireticket)
- Prize of $500 in $BUSD to: [https://devpost.com/software/converse-tghyle](https://devpost.com/software/converse-tghyle)
- Prize of $500 in $BUSD to: [https://devpost.com/software/deploy-it](https://devpost.com/software/deploy-it)
- Prize of $500 in $BUSD to: [https://devpost.com/software/metaplex](https://devpost.com/software/metaplex)
- Prize of $500 in $BUSD to: [https://devpost.com/software/npm-create-5ire-dapp](https://devpost.com/software/npm-create-5ire-dapp)
- Prize of $500 in $BUSD to: [https://devpost.com/software/salarystream-f0peyj](https://devpost.com/software/salarystream-f0peyj)
- Prize of $500 in $BUSD to: [https://devpost.com/software/synthart-ax8p1j](https://devpost.com/software/synthart-ax8p1j)
- Prize of $500 in $BUSD to: [https://devpost.com/software/trankers-cfb6zi](https://devpost.com/software/trankers-cfb6zi)
- Prize of $500 in $BUSD to: [https://devpost.com/software/vitran](https://devpost.com/software/vitran)
- Prize of $500 in $BUSD to: [https://devpost.com/software/willgaurd](https://devpost.com/software/willgaurd)

![qs.png](https://cdn.sushi.com/image/upload/v1680764982/qs_108afa415c.png)
No winners were chosen by this sponsor.

![gn.png](https://cdn.sushi.com/image/upload/v1680764925/gn_1bd69a24fd.png)
No winners were chosen by this sponsor.

## ⏳ More To Come

Due to the large volume of applications we need a bit more time selecting winners, please be patient while we wait for the answers from the remaining sponsors! We'll be updating the winners from the following sponsors in this blogpost as well as on [Devpost](https://ethdubai-sushiswap-hackathon.devpost.com/) so keep an eye out on both.

Awaiting results from:
![eth.png](https://cdn.sushi.com/image/upload/v1680764929/eth_4ef7ebad04.png)
![lib.png](https://cdn.sushi.com/image/upload/v1680764925/lib_153b757b0f.png)


## 💰 How To Claim Your Prize

To avoid impersonators emailing/DMing the judges/projects directly we have the following procedure in place:

1. All sponsors that selected the winners have access to the email of the winners.
2. Sponsors are responsible for sending the prizes.
- Sponsors will reach out to you and ask for a non custodial (meaning not an address from an exchange, but an address from something like MetaMask or Ledger) ERC20 address where they can send the prize to.

Should you run into any issues feel free to [DM us on devpost](https://ethdubai-sushiswap-hackathon.devpost.com/). We are unable to reply to any messages about prizes outside of devpost because of impersonation risk. 

![Sushi Logotype_Colour_Fill_200.png](https://cdn.sushi.com/image/upload/v1677698517/Sushi_Logotype_Colour_Fill_200_6814de4b5b.png)

Sushi is building a comprehensive DeFi ecosystem with AMM, leverage & margin trading platform, token launchpad and NFT artist platform. 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!

[Exchange & XSwap](http://sushi.com/swap) | [Docs](http://docs.sushi.com/) | [Academy](http://sushi.com/academy) | [Discord](https://discord.gg/sushi-swap) | [Twitter](https://twitter.com/SushiSwap) | [Telegram](https://t.me/sushiswap) | [YouTube](https://www.youtube.com/channel/UC7Mm_8m8C2sxbgxbQIDJJdQ) | [Github](https://github.com/sushiswap)