SUSHISWAP
Sushiswap is a hard fork of Uniswap and on its first day in the DeFi market, Sushiswap reached $250 million in its TVL in cryptocurrencies. Additionally, the governance token of Sushiswap is called “SUSHI,” which is similar to the “meme” cryptocurrency, Dogecoin. On its first day in the DeFi market, Sushiswap reached $250 million in its TVL in cryptocurrencies. Additionally, the governance token of Sushiswap is called “SUSHI,” which is similar to the “meme” cryptocurrency, Dogecoin.
Sushi Announces Final Steps for Trident Pools Deprecation, Urges Liquidity Withdrawal
Sushi has begun the final deprecation phase of Trident Pools, advising users to withdraw liquidity before March 15, 2024, to ensure a smooth transition.
SushiSwap CEO Proposes New Token Model
SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.
SushiSwap Expands to Aptos Network Ahead of Over $20 Million APT Unlocking Tomorrow
Decentrallized Exchange Sushi has expanded to Aptos, a non-Ethereum Virtual Machine (EVM) chain, marking its first venture onto a non-Ethereum chain. Aptos, a Layer 1 blockchain, focuses on user experience and secure development, with its Move programming language for web3 applications. Sushi will introduce its version 2 Automated Market Maker, enhancing cross-chain trading experience and providing deeper liquidity across major blockchain networks. It is worth noting that the news comes as Aptos will unlock tokens valued at over $20 million tomorrow.
The DeFi space is on a path of steady recovery as good actors
Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.
SushiSwap to Redirect Trading Fees to its treasury
SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.
Head Chef Says DEX Aggregator Will 10x SushiSwap's Market Share
In a Jan 16 Medium article, Sushi CEO Jared Grey detailed the DeFi platform. A Q1 DEX aggregator and 2023 decentralized incubator are planned. After a Dec 6 governance proposal showed that Sushi's treasury had 1.5 years remaining, new offerings were proposed.
SushiSwap CEO Suggests New Tokenomics For Liquidity And Decentralization
The chief executive officer of SushiSwap, Jared Grey, is working on revamping the tokenomics of the decentralized exchange Sushi. In addition to a token-burning mechanism and a liquidity lock for price support, time-lock tiers will be included for emission-based incentives. These features will also be available. Instead of receiving a portion of the cash generated by the 0.05% swap fee, SUSHI (xSUSHI) tokens that have been staked will be rewarded according to their emissions. It is possible to make withdrawals before the time locks have reached their full maturity, but any rewards will be lost and destroyed.
SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap
SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.
Decentralized Exchange SushiSwap Nominates Jonathan Howard as 'Head Chef'
Decentralized exchange SushiSwap has nominated Jonathan Howard as Head Chef - an official title given to the project's chief executive officer.
Sushiswap Co-Founder 0xmaki Steps Down from Project Lead as DEX Exchange Begins New Chapter
Sushiswap Co-Founder 0xmaki has stepped down as project lead when the decentralized exchange struggles to navigate challenges of scams.