Welcome to the first edition of Sip with Sake on Soneium! Sip with Sake on Soneium will be a weekly/biweekly post.
Let’s kick things off with an introduction to Sake Finance - https://x.com/sakefinance, the modular liquidity protocol built on Soneium. We’re on a mission to supercharge DeFi with our stablecoin, SONE, which is backed by yield-bearing tokens. Our ecosystem is designed to provide users with enhanced liquidity, optimized strategies, and seamless DeFi interactions.
With Sake Finance, we’re not just building another DeFi protocol—we’re creating a platform that blends flexibility and efficiency, delivering an experience that’s as smooth as Sake.
🍶 Sake Finance Updates
Sake Finance joined a AMA Hosted by Neemo Finance together with other Projects building on Soneium.
If you missed the AMA!
Check the recording!
Thanks for hosting @neemofinance
and participating partners!
@avalonfinance_, @VeryLong_Swap, @SonovaNFT, @SuperVol_io, @DenDekaDen.
And with that…it's a wrap! We thank our amazing partners for joining us today:
@avalonfinance_ , @VeryLong_Swap , @Sakefinance, @SonovaNFT, @SuperVol_io , @DenDekaDen
This had to be one of the most fascinating conversations on @soneium. We’re hyped to be building alongside…
Sake Collab with Kyo Finance
Mock testnet ASTR can be minted from Sake's Faucet and use to borrow SONE.
You will be able to use KYO to swap them for other token & LP.
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Intern made a ASTR testnet guide on how you can test out both Sake & Kyo.
Get @AstarNetwork token from our faucet.
Lend ASTR.
Borrow SONE Stablecoin
Swap at @kyofinance 
LP at Kyo
Sake testnet users has grown to 5000+
Thanks for the support if you haven't tried out our dApp do visit https://app.sakefinance.com/.
Sake's testnet users has grown to the size of 5000+
Thank you for you for your support!
At Sake we will continue to build with our community members!
V2 is being worked on and Dev is locked in the basement.
🍶 Soneium Updates
This week, Soneium has made significant strides in enhancing its platform. Key updates include:
Soneium Spark Winner will be announced on 14 October with 1700+ project applying for it.
Tech integration by Alchemy - Access everything you need on AlchemyPlatform as a builder.
GM! Access everything you need to build on @soneium from @AlchemyPlatform
Node API (RPC Testnet) SDK Testnet faucet NFT API Token API Transfers API Custom webhooks Developer tooling Dashboards 24/7 engineering support
Get your API key today:…
Upgrade for Minato Testnet mainly on security and Superchain portion of stuff.
Permissioned fault proofs for extra security
Layer 1 Contract upgrades to v1.6.0
Foundation laid for Superchain integration
Soneium Minato Upgrade Incoming! Get ready for TWO major upgrades at the end of this month!
We're introducing Granite & Fjord through a dual hardfork upgrade and updating our Layer 1 contract to v1.6.0.
These upgrades will improve security and efficiency, paving…
🍶 Astar Updates
It looks like Astar is running a LFGM Campaign! Check out their post and read more about it!
astar.network/blog/astar-lfm…
🍶 Project Highlight on Soneium
Each week, we will spotlight a maximum of 4 exciting projects on Soneium, showcasing their latest initiatives and contributions to our ecosystem. We’ll keep bringing in new projects to keep the community informed and engaged!
Neemo Finance
What can you do on Neemo Finance?
Liquid stake your ASTR and support dApps. Fuel liquidity on Soneium with 1-click staking. Enjoy true unlocked DeFi freedom with boosted rewards!
Webpage: https://neemo.finance/
Testnet coming soon!
SynStation
What can you do on SynStation?
While they are now in the staking phase, you can stake your asset, what i am really excited about is the launch of their Gamified Prediction Market.
Webpage: https://www.synstation.org/
Kyo Finance
What can you do on Kyo Finance?
Configurable pool system accepts not only ERC-20 tokens but all types of on-chain assets including but not limited to ERC-721&1155.
At testnet you are currently able to swap tokens - SONE is there do make some swap with them!
Webpage: https://app.kyo.finance/swap
SoneX
What can you do on SoneX?
Swap and Pool will be available in testnet base on their landing page and other financial derivatives will be live during Q1 2025!
Their testnet will be coming soon!
Webpage: https://www.sonex.so/#/
🍶 Join Us on Discord!
Join our community on Discord to stay updated on all things Sake Finance and Soneium. We’d love to hear your thoughts and ideas!
🍶 Stay Connected
Don’t forget to subscribe to our newsletter for the latest updates and insights from Sake Finance. Together, we can shape the future of DeFi on Soneium. Let’s raise a glass to another exciting week ahead— kanpai!
Follow Sake at https://x.com/sakefinance
Join our discord: https://discord.com/invite/M3zpHSFJkG
!SIP Sake & Go Mainstream on Soneium - Sake Intern
