Home » Cryptocurrency News » Cryptocurrency News » Sushiswap reveals ambitious 2021 roadmap Sushiswap reveals ambitious 2021 roadmap January 9, 2021 In a reveal that set cryptotwitter ablaze, Sushiswap lays the foundation for a strong 2021
1117 Total views
6 Total shares
After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021.
Key forthcoming developments include multiple examples of some of the most complex and advanced functionalities in the DeFi space, including a cross-chain DEX that will be enabled by Rune and Moonbeam, an implementation on the Polkadot chain, and a fully decentralized governance structure by the end of 2021.
The post also provided updates on previously-announced projects, including a v2 launch called Mirin and a mid-January target date for the launch of BentoBox, a forthcoming lending product.
There were also hints at a possible forthcoming rebrand.Given the variety and number of products currently offered and in development, “Sushiswap will be moving to a new domain in 2021 to reflect better how we aren’t an AMM anymore.”
One development that particularly excited observers includes a proposed integration with ArcherDAO.Archer works with Ethereum miners to produce more efficient blocks, and the integration will be able to reduce front-running by miners, also known as miner-extractable value (MEV).
Other integrations include forthcoming support for algorithmic stablecoins FRAX and DSD, as well as BAO.
Finally, the blog gave an update on scaling plans, noting that Sushiswap will “move in sync with the greater Yearn ecosystem,” and that zero knowledge rollups will likely be the preferred solution.
It’s a long list of goals for a projects barely six months old.However, in an interview with Cointelegraph earlier in the week, Sushiswap core contributor 0xMaki spoke to the vision of an ever-growing, well-incentivized Sushiswap community.
“I want to keep incentivizing people to productivize their assets.Make them join a DAO.Rewards more devs so they can build what they love.Introduce more people to DeFi and new financial primitives.
Showcase prominently new dApps on Sushi.Everyone will be a winner in 2021.”
At press time $Sushi is up 10% on the day to $4.64.Share this: Billionaire Optimistic On Bitcoin as a ‘Flight to Safety’ In an interview with Morgan Creek Digital founder, Anthony Pompliano, Chamath Palihapitiya, billionaire CEO of venture capital firm, Social Capital, said that now could be Bitcoin’s time to shine.“I think Bitcoin needed a moment like this for it to be relevant,” Palihapitiya said.“It’s still a speculative instrument, and it’s too speculative for it to… Italian Banking Association launches experimental digital euro project The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency.3161 Total views 10 Total shares The Italian Banking Association, or ABI, has affirmed its support for the implementation of a sovereign European digital currency by beginning… Hodler’s Digest, Aug.5–11: Naughty North Korea, India’s Bombshell, LTC Flops U.S.Federal Reserve launching payment system, crypto bulls nonplussedThe United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service.
Known as FedNow, it is hoped the infrastructure will lead to faster transactions 24 hours a day, seven days a week.Presently, it… Honeywell: “Corporate America Needs to Change Its Mindset” Honeywell International Inc., a publicly-traded company with an $80 billion market cap, previously announced a blockchain-based marketplace for airplane parts.According to a recent interview with Cointelegraph, they may soon begin recording your home’s carbon footprint on a blockchain ledger as well.DIY blockchain projectIn a Cointelegraph exclusive interview, Lisa Butters, general manager of Honeywell’s GoDirect… Cointelegraph promotes Jay Cassano to CEO, Jon Rice takes over as editor-in-chief Cointelegraph has new leadership as the world’s largest blockchain-focused media outlet promotes from within.Jay Cassano, Cointelegraph’s editor-in-chief, has accepted the role of CEO at Cointelegraph.
Jon Rice, managing editor for Cointelegraph Magazine, will take over as the new editor-in-chief for the platform.Kristina Lucrezia Cornèr remains managing editor.“I’m grateful to Cointelegraph for this opportunity… Heads of Binance.US and eToro grace Fortune’s top 40 under 40 list for 2020 Some of crypto’s own take the spotlight in Fortune’s fresh list of elites.
Fortune picked out a number of individuals deemed as most influential for 2020, listing 40 different names across five separate sectors.Binance.US CEO, Catherine Coley, and eToro CEO Yoni Assia found their names on the list, published on Sept.2, under the finance section.… Bitcoin Price Will Hit $250K by Q1 2023 Despite Consolidation, Says Tim Draper Bitcoin (BTC) price will still hit $250,000 but its status as a safe haven asset could see investors waiting a little longer than planned, serial VC investor Tim Draper says.“People have consolidated towards Bitcoin”Speaking in an interview with Yahoo! Finance on Aug.
9, the notoriously bullish Draper doubled down on his prediction that Bitcoin will… Gauging Community Expectations and Developer Readiness as Ethereum’s Constantinople Launch Date Approaches The next attempt to implement the Ethereum (ETH) hard fork is expected to come in the interval from Jan.14 to Jan.18 — or according to Afri Schoedon, the release manager for the Parity Ethereum client, Jan.16.
At that point, the 7,080,000 block will be extracted, and the Constantinople upgrade will be activated.all-core-devs… ‘DeFi was vaporware from its onset’ says known crypto bear Roubini He’s been dismissive of all things crypto for years, but does he have a point this time? Known for his previous comments criticizing the crypto industry, economist Nouriel Roubini recently posted fresh negativity against the digital asset sector.”DeFi was vaporware from its onset,” he said in a Sept.24 tweet.
“Now totally faltering as blockchain… Leave a Reply You must be logged in to post a comment.Search.
