Firo Frontier October 2024 - Vol. 1 No. 2
Firo Frontier · October 16, 2024
Firo Frontier provides a brief summary of what's been happening in Firo over the past two weeks.
Confidential Layer partnership with Firo
'Confidential Layer' is the first-ever decentralized non-custodial bridge between public and privacy blockchains.
When Spark Assets are fully implemented it will allow anyone to create tokens on Firo and additionally bridge assets and coins from other blockchains and ecosystems such as Bitcoin and Ethereum into Firo’s ecosystem with full access to Firo's industry leading Spark privacy features.
More information about 'Confidential Layer' can be found at https://confidentiallayer.com/
A discussion about Firo's partnership with 'Confidential Layer' can be viewed on YouTube Firo's Fortnight EP05 (at 18:56) https://www.youtube.com/watch?v=SgeQ8K4i0Mk
Stay tuned for additional announcements and campaigns with them!
Liquidity added to Pancakeswap v3 on BNB Chain
Power Up Privacy has supplied 167.286754 BNB and 80,356.826 BEP20-FIRO (~200,000 USD) in liquidity to the Pancakeswap v3 DEX on BNB Chain. This allows deep liquidity on one of the leading DEXes in the world.
BEP20-FIRO is a wrapped version of FIRO that is backed 1:1 with native FIRO. While it has no privacy, it allows easy asset exposure to FIRO and also allows its participation in the rich BNB Chain DeFi ecosystem. BNB Chain also allows bridging of stablecoins from other ecosystems as well which allows users from other chains to swap into FIRO without relying on centralized providers.
BEP20-FIRO and native FIRO can be swapped between each other either on FiroDEX (recommended) or swap providers like ChangeNow for a small fee without KYC, or with no fees on Binance or MEXC. Binance has recently increased the available amount of BEP20-FIRO by an additional 400,000 FIRO with its corresponding backing.
Aaron Day interview
In this 'Privacy in Focus', we sit down with Aaron Day from the Daylight Freedom Foundation to discuss pressing concerns around Central Bank Digital Currencies (CBDCs) and their potential threat to human liberty. Aaron dives into the motivations behind CBDCs, the features designed to control financial privacy, and the technology driving their development. He also shares his views on the current state of the crypto landscape, emphasizing the critical role of privacy coins and decentralized systems in safeguarding individual freedoms. At the end, he talks about why everyone working in crypto/web3 should be worried about Roger Ver’s arrest.
Watch it here: https://www.youtube.com/watch?v=zU93_sCtitY
Other News
Firo Development Roadmap Discussions have begun on Firo's Forum - We are working on updating our roadmap for the next few years and wanted to give some heads up on what's being planned and open it up for discussion to our community.
https://forum.firo.org/t/firo-development-roadmap-discussion/3490/1A New Firo developer has been brought onboard
Thanks to Power up Privacy, Firo has been able to hire an additional senior developer to accelerate the development of Spark Assets.Our community member, Raccoon’s funding for a Firo automated masternode start script has been approved by the Firo Community Fund Committee.
New Firo Fortnight video EP05
Catch up on big changes to tokenomics, the new liquidity campaign, updates on Campfire Wallet, Spark Assets, and more!
Watch it here: https://www.youtube.com/watch?v=SgeQ8K4i0MkCheck out a great blog post article from our friends at Nownodes about Firo! They are also behind ChangeNow and NowPayments which all support Firo! https://nownodes.io/blog/firo-blockchain-privacy-lelantus-spark/
An X Space was held at 0900 AM EST on Sep 25, 2024 for the next Privacy Roundtable podcast with Particl, PIVX and BasicSwapDex with the lead dev of SeraiDEX, Luke Parker, discussing Privacy in Crypto. Firo was in attendance. Recorded version is available here: https://x.com/i/spaces/1YpKklpXORjGj/
Did you know?
Firo’s sponsored team Guarani has reached the final of Copa Monero 2024 and will face Cake Wallet’s Libertad on 17 November!
Monerotopia 2024 is happening on November 14th-17th in Roma, Mexico City! This is the ultimate unity event focused on privacy tech, digital cash, and actually using crypto! Get 10% off your tickets with promo code "firo24"
Don't miss it — grab your tickets now! https://monerotopia.com/