booba network It is the first multi-chain layer 2 scaling solution and Hybrid Compute platform. Sushi, the leading supplier of DeFi solutions such as Sushi Swap, has begun publishing its products on the Boba Network.
Sushi Boba will provide a full range of products. Legacy Swap (the first AMM before Trident) will be the first product to be released, quickly followed by Kashi, Bento Box and Furo.
To further enhance liquidity and adoption, Buba and Sushi will offer incentives to mine liquidity for a full year after publication. As a result of the deployment, Boba will be able to provide more variety in its DEX product and attract more trading liquidity.
According to Alan Chiu, CEO of Enya, the main contributor to the network:
“Sushi is one of those OGs DeFi, so naturally we’re excited to welcome it to Boba. Both Boba and Sushi users will benefit from this integration, as the Boba community will be able to use some of their most trusted DeFi products, while the sushi ecosystem will benefit from new liquidity and new users.” and new developers and new communities.”
Sushi is a sophisticated DEX that offers traders a variety of features, including margin trading, limit orders, and payout prospects. Currently, the platform absorbs over $900 million of locked-in value across all deployments, with an average weekly movement of $350 million.
Sarang Parikh, Head of Development at Sushi said:
“We are excited to publish our suite of products at Boba, which allows us to serve an ever-growing user base with all the dApps a DeFi user needs. We can’t wait to make sushi scalable.”
Posting on Boba will increase the value of SUSHI to owners thanks to the xSUSHI Revenue Sharing Mechanism, which deposits protocol fees from swaps and borrowing as additional SUSHI tokens purchased from the marketplace. Furthermore, there is a possibility for existing liquidity providers to relocate to Buba in search of increased agricultural yields.
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