After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’
The new AMM will feature four customizable pool options and offer significant capital efficiency for depositors. After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen if the new product will live up to the hype. Taking the stage this morning at the Ethereum Community Conference in Paris, Sushi CTO Joseph Delong pulled back the curtain on a new hybrid automated market maker called Trident. Trident will feature four AMM models, including constant product pools similar to the....
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“We believe this partnership with Sushi is just the beginning of bringing millions of people into decentralized finance,” said Harmony founder Stephen Tse. As the Harmony blockchain approaches the two-year anniversary of its mainnet launch, decentralized exchange SushiSwap will be deploying Sushi products related to rewards and yield farming. In a Thursday announcement from Sushi, the project said it would be partnering with Harmony to introduce liquidity mining rewards for Sushi, rewards for Kashi borrowing and lending, Sushi-specific hackathon challenges, and other products. In Harmony’s....
SushiSwap’s native token SUSHI is surging higher after a correction in the price of Ethereum, which reflected poorly on DeFi. SUSHI is currently up by 20% in the past 24 hours alone, making it the best-performing Ethereum-based large-cap digital asset. It is also the best-performing cryptocurrency in the top 100 by market capitalization. SUSHI is […]
Besides the current market darling Dogecoin (DOGE), Polygon (MATIC) and Arweave (AR), driven by the Meta announcement, are attracting the most interest today. Flying somewhat under the radar at the moment is SushiSwap (SUSHI), which should be no less interesting in the coming weeks. As Will Clemente, Co-Founder of Reflexivity Research recently tweeted, SUSHI is currently “the cleanest trading sh*tcoin I’ve ever played. Whoever is market making this, 10/10 job.” As the respected analyst stated, he prefers the $1.50 to $1.55 level for a buy, as there is a confluence with....
I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
Social media continues to transform the world of communications and marketing. Platforms within the space currently enjoy some of the greatest popularity they have ever seen. October 2021 research from Global WebIndex reveals about 57.6% of the globe’s population uses social media, spending about 2 hours and 27 minutes on platforms each day. Usage spans across generational lines and demographics and unsurprisingly only spiked as COVID-19 lockdowns began to dominate the world. Additional research reveals the typical social media user participates on an average of 6.6 platforms. Some use....