Venice Finance is Live on Findora’s Anvil Testnet!
Hello Venetians 🤖️🎭🐰!
Venice is now live on Findora’s Anvil! Let’s take a sneak peek before the Mainnet launch.
Venice aims to make DeFi trading fair and safe through zk-powered privacy. Built on Findora, we will be the world’s first front-running-resistant, ZK-powered decentralized exchange.
Venice Finance is now live on Findora’s Anvil testnet with basic DEX functions. Once it launches, it will give the Findora community access to lightning-fast trades with minimal slippage. Go to dev.venice.finance to try it out, and join our Discord channel to learn more.
Trading in Venice
Venice Swap will only support basic DEX functionalities starting out (deposit, swaps, adding liquidity, earning rewards, and withdrawals) to lay a solid foundation before adding more advanced privacy features. To get Venice ready for the community, help test it by following the steps below.
First, configure your MetaMask wallet to Findora’s Anvil Testnet. In MetaMask, go to “Add Network” and input the following RPC network information:
- Network Name: Anvil
- New RPC URL: https://prod-testnet.prod.findora.org:8545
- Chain ID: 2153
- Symbol: FRA
- Explorer: https://testnet-anvil.evm.findorascan.io
Next, you’ll need some testnet FRA tokens to pay gas fees. Go to the #testnet-faucet channel in Findora’s Discord and type in the command “!evm anvil [insert wallet address].” You should receive testnet tokens in about 5 minutes.
!evm anvil 0x… (your wallet address) …
After your wallet is set up with testnet tokens, you can test token swapping by clicking on Exchange under Trade in the main navigation bar at the top of the landing page.
With Venice, you can swap your FRA tokens for other FRC-20 tokens (the price is just for testnet demo purposes). Fees paid and price impact will also be shown. Simply click ‘Swap’ and approve the transaction on MetaMask:
Your FRA balance can be found in the built-in wallet monitor.
Want to try providing liquidity to earn rewards? Users can provide liquidity to both sides of a pool and get LP tokens that they will be able to stake in the future.
Step one is to hit “Provide” and approve both token contracts in your EVM-compatible wallet. You’ll then see your expected gains and your share in the liquidity pool. You can also add Venice LP tokens to your wallet, which are representations of your share of the pool which can be used for yield farming in the future.
When the Info dashboard is live, you will be able to access detailed info for each token pair in a liquidity pool, the total value locked, and other useful information.
Here’s some of the information you will be able to see for token pairs:
Venice will be community-governed, featuring its own governance token. We’ll be sharing more details about what types of rewards and incentives will be available for early liquidity providers on Venice. This will enable Venice to further decentralize over time and provide more value to users and liquidity providers.
And don’t forget to follow us on Twitter and the community Telegram. We’re excited to share even more about Venice in the near future!
After laying a strong foundation, it is time to build the trading capital of #PriFi! Venice is here.
About Venice Finance
Venice is building the First Front-running Resistant, Privacy-preserving AMM DEX in the World. Venice is a next-generation, Zero-Knowledge powered decentralized exchange, primarily focused on privacy preservation, front-running resistance, and cross-chain liquidity aggregation.
Read more about Venice Finance here:
Website | Twitter | Telegram Chat | Telegram Announcements | Discord | GitHub | Medium
Legal Disclaimer
This project is a tech demo in beta. Use at your own risk. Not open to persons in the US or China.
You understand and expressly accept that the beta version of VENICEFINANCE is provided to you at your own risk on an “AS IS” and “UNDER DEVELOPMENT” basis.
THE DEVELOPERS OF VENICEFINANCE MAKE NO WARRANTY WHATSOEVER WITH RESPECT TO THE BETA DEMO, INCLUDING ANY (A) WARRANTY OF MERCHANTABILITY; (B) WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE; © WARRANTY OF TITLE; OR (D) WARRANTY AGAINST INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OF A THIRD PARTY; WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE, OR OTHERWISE.
Nationals and residents of the following countries are restricted from participation: Afghanistan, Cuba, Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Myanmar, North Korea, Somalia, Sudan, Syria, Yemen, Zimbabwe, and the Crimea region of Ukraine.
The project is operated by VeniceFinance Community around the globe outside the United States of America.
