
Sushi to Announce Strategic Acquisition Soon, Says CEO Jared Grey
Grey hinted that big changes should be expected in the decentralized exchange (DEX) space, particularly in the automated market maker (AMM) and perpetuals (perps) sectors.
1H
-0.20%$0.0011
24H
-2.17%$0.0125
7D
-17.5%$0.1195
30D
-19.4%$0.1354
Grey hinted that big changes should be expected in the decentralized exchange (DEX) space, particularly in the automated market maker (AMM) and perpetuals (perps) sectors.
By choosing the right tools, you’ll be much better equipped to navigate a market that is rightly considered by many traders to be a rollercoaster ride.
Sushi noted that its team had been working secretly on building an aggregation router for a while now as it is part of the platform’s bigger vision for 2023.
According to the Sushiswap announcement of the partnership with Aura Finance, the DEX said the new deal also included at least 28 other projects.
In the case of SushiSwap and the Sei Network, the benefit for both firms is quite clear and besides growing its influence, the former will use the partnership to generate a new revenue stream for the protocol.
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.
SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.
In this guide, we will delve into everything associated with zero-knowledge proofs, from their history to their multiple use cases. We will explain the pros and cons of this innovative cryptographic method and its growing relevance in the cryptocurrency industry.
Here you’ll find what initial public offering (IPO) is, how it works, learn the advantages and disadvantages of this funding model.