Sushi goes live explosively, sparking the DeFi revolution with layer 2 yield innovation

Sushi, a respected decentralized exchange (DEX) that has been at the center of Ethereum’s DeFi evolution, has now launched on Blast, an innovative layer 2 solution that provides native yields on the Ethereum blockchain. This development marks a significant leap forward for Sushi, known for its pioneering expansion across more than 30 blockchain networks in its effort to redefine the decentralized exchange experience for users.

Introducing Blast: Yield Generation Layer 2

Blast is the first layer 2 platform to integrate base yield generation, giving users the unique benefit of automatically compounded balances. This yield is derived from two main sources: ETH staking and the Real Assets (RWA) protocol. Blast ensures that the community has direct access to the benefits by passing the profits of these decentralized protocols back to users.

Synergy between sushi and explosions

Through integration with Blast, Sushi introduces the innovative Automated Market Maker (AMM) versions 2 and 3 to facilitate seamless token exchange and liquidity provision. In particular, V3 AMM promises to improve liquidity providers’ profits by introducing concentrated liquidity.

Key Features of Sushi-Blast Integration

Profit Generation: Explosive returns are provided by ETH staking and RWA protocols, and Sushi Pool deposits automatically generate these returns.

Yield distribution: Merkle distribution ensures that V3 liquidity providers receive a portion of the yield through V2 solutions in the pipeline.

Enhanced Liquidity Access: Sushi Swap API, Route Processor 4 (RP4) integration unifies liquidity from DEX arrays, providing asset accessibility to users through the Sushi UI across multiple chains.

DEX Aggregator: Sushi’s DEX aggregator sources from multiple liquidity pools to ensure users the most competitive swap prices and optimizes pricing efficiency without front-end fees.

Smart pool and protocol integration

Leveraging Steer Protocol’s v3 automated liquidity management solution, Smart Pools on Blast aims to ensure consistent fee returns for liquidity providers of v3 positions. The system is designed to maximize returns while relieving liquidity providers of the burden of active pool management.

Take advantage of the new DEXperience

For those who want to jump into this enhanced multi-chain DEXperience, Sushi has provided a simple and secure entryway.

Bridge: Users can easily link assets from Ethereum to Blast using the Blast Bridge.

Swap: Blast’s token swap is now enabled through Sushi, resulting in lower fees compared to traditional channels.

Liquidity Provision (LP): Sushi users have the opportunity to leverage Blast’s native monetization to provide liquidity to existing pools or start new pools.

Sushi’s Blast expansion is an expansion of its ecosystem. This collaboration is expected to solve long-standing problems of lack of network liquidity and complex bridging processes.

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