Streamlining Token Launches: Fjord and Sablier Join Forces

Sablier is proud to announce our revolutionary partnership with Fjord, the leading community-focused platform specializing in fair and transparent Liquidity Bootstrapping Pools (LBPs).

This partnership integrates Sablier’s battle-tested token distribution protocol into Fjord’s LBP product, revolutionizing the token launch process.

About Fjord Foundry

Fjord has established itself as a leading token sale platform with a primary focus on fairness and transparency. Until now, Fjord has been used to raise over $1B, generated $1.6B in swap volume and had 100K market participants.

Fjord specializes in Liquidity Bootstrapping Pools (LBPs), that prioritize equitable distribution, effectively reducing the impact of bots and whale manipulation on the token sale process. The platform’s unique pricing mechanism empowers the community to dictate the fair market value of tokens.

The Collaboration

It’s a match made in heaven. Fjord handles the token sale, Sablier handles the token distribution. Through this deep integration, Fjord users can set up an LBP sale and directly set up a vesting plan through Fjord’s interface afterwards.

The vesting plan leverages Sablier under the hood. Users have the ability to set up a custom cliff, define the vesting duration, etc. This is all done from the Fjord interface. The LBP creator doesn’t have to use Sablier’s interface.

After the sale ends, the vesting streams are created and investors who participated in the sale can head over to the Sablier app, to manage their own personal vesting plan. 

This leads to three main benefits for investors participating in Fjord LBP campaigns:

• Transparency: Investors can see exactly how and for how long their tokens will be vested, promoting trust and reducing uncertainty.
• Control: By accessing their personal vesting plans on the Sablier app, investors can monitor their vesting streams, withdraw funds, etc.
• Security: Sablier’s battle-tested contracts ensure the highest levels of security, with the protocol having been around for over five years, while never once getting hacked.

These make Sablier an ideal candidate for integrations. Sablier Labs itself does not store any proprietary data. Anything available on the Sablier interface is directly queried from the chain. It’s all onchain data.

Case in Point: Parifi

Parifi, a leading perpetual platform, leveraged Fjord to raise $154.59K from over 400 investors. As part of that fundraising process, the PRF tokens that were sold in the LBP were vested through Fjord’s Sablier integration over a two month period. Investors each had an individual vesting stream they could manage on the Sablier interface.

The vesting process ensured a healthy and natural price action, forced investors to be aligned with the project’s interests as they knew going in they wouldn’t be able to dump everything on day one, and more importantly kept the community interested in the project after the token sale.

“Using Fjord and Sablier for our token launch at Parifi was a game-changer. The integration of Sablier’s token distribution protocol into Fjord’s LBP product streamlined the entire process for us, from the token sale to the vesting period. The security provided by Sablier’s battle-tested contracts gave us peace of mind, knowing that the tokens were in safe hands. This truly sets a new standard for fair and secure token launches.” — Chester Bella, Product Developer at Parifi

It happens frequently that after an airdrop or a token sale, community members lose interest and stop their involvement within the community. Vesting prevents that.

Interview with Rob, Fjord’s CTO

What follows is a brief interview conducted with Fjord’s CTO rmsrob.eth.

Why an integration with Sablier specifically?

At Fjord, we were already following PaulRBerg on GitHub and recognized the structure of his repositories and ideas as leading the ecosystem. We had been considering adding a vesting feature for a while and unanimously decided to use the Sablier library for its security and battle-tested vesting solution, as well as for the team behind it and the user-friendly UI. We feel very comfortable with our users continuing with Sablier after a Fjord LBP event.

How was the integration process?

Overall, the integration was smooth. We had to add some new arguments needed for Sablier to our PoolSettings to set up the LBP. The key part was handling the vesting with Sablier when the user needed to use our redeem function. We decided that the user would redeem and receive a Sablier stream matching the remaining time according to the original LBP creator's configuration. At Fjord, we use the LockupLinear as it's the most common use case for our users.

After defining the scope, we contacted the Sablier team to explain our goals. We appreciated their interest in Fjord and our work. The exchange also ensured we were following best practices with the Sablier library and the @prb/math library.

Deploying Fjord on multiple chains was challenging. However, with Sablier already being on most chains, and after some discussions, we were granted a license to deploy the BUSL Sablier V2 Core contracts. We look forward to proceeding with this in our upcoming Fjord v2.0.0 and beyond.

How much traction has the integration gotten?

LBP events that continue with a Sablier vesting stream make up a small but crucial part of our LBP offering, but for us it's a great start. At Fjord, we are committed to providing creators with all the tools they need for their various circumstances and Sablier's integration is a key player. We are looking forward to continue working together in the coming years.

Conclusion

This partnership is more than a partnership, it’s a revolution. Projects launching new tokens can now do so in a fair, sustainable and efficient way, all from Fjord’s interface.

By integrating Sablier, Fjord can offer token sale organizers and backers a battle-tested, efficient, and premium way to manage token distribution.

For more information on how to set up token vesting on Fjord, visit Fjord’s platform and start exploring the future of community-driven token sales today.

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