Tel Aviv, IsraelAnd January 18 2022 /PRNewswire/ – A major player in the decentralized payment and finance (DeFi) blockchain, a major milestone in the project. Hughes NetworkToday I announced integration with major multi-threading DeFi protocols sushiThis happens after the Fuse platform and ecosystem have grown rapidly.
Launched in 2020, Sushi’s components include the Decentralized Exchange (DEX) protocol, the Kashi Loan protocol, the BentoBox dApps Ecosystem, the xSUSHI staking platform, the Miso Initial DEX offering (IDO) platform, and the upcoming Shōyu NFT Marketplace. included. Sushi native tokens are used in Sushi to enhance platform governance and reward liquidity providers in the SushiSwap Incentive Trading Pool.
As part of the integration, a Decentralized Exchange (DEX) based SushiSwap Automated Market Maker (AMM) and a liquidity provision interface were introduced on the Fuse Network blockchain. At a later stage, the Kashi loan network and the initial Miso platform for providing DEX will be added.
To prime the liquidity for the new major DEX, Fuse will also launch a liquidity rewards program on the selected trading pool of SushiSwap. The exact trading complex and program details will be announced separately.
CEO of Fuse Network comments on integration Mark Smargon He said:
“Sushi was a multi-chain force in the DeFi space and a tech pioneer before it got big. Sushi to Fuse’s expansion is a breakthrough since the launch of Fuse and its mobile-centric blockchain platform. Proving the unique value proposition of “”
Fuse is a fast, low-cost Ethereum-compatible blockchain that is a plug-and-play, mobile-focused, robust crypto-payment infrastructure to build token-based applications, rapidly growing payments, decentralized finance, and NFT enterprise ecosystems. system platform.
Sushi is the leading all-in-one DeFi platform and ecosystem that runs on multiple EVM-compatible blockchains. At its core is the AMM-based DEXSushi Swap, which is listed in the top five by trading volume. Sushi community management is enhanced by the protocol’s original SUSHI tokens.
Robert MillerMarcom Manager
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