SushiSwap Partners With Onramper To Offer More Convenient Way of Buying Cryptocurrencies
SushiSwap has announced a partnership with Onramper to provide users with a convenient way of buying cryptocurrencies using credit or debit cards. Onramper acts as an aggregator, offering a single point of entry for users to buy tokens using traditional means like credit cards or bank accounts.
The SushiSwap Attack in April Caused Controversy Over the Ownership of the Funds That Flowed Into Lido, and the Refund Proposal Was Opposed by Some Members of Lido
SushiSwap CEO Jared Grey tweeted that a recent attack on SushiSwap resulted in some Lido protocol participants receiving hundreds of ETH. Sushi has partnered with the Lido team to find a solution to recover the stolen funds they have already paid, but some members of the community believe that Lido is not obligated or empowered to return these funds, essentially giving the green light to multiple Lido DAO participants to receive stolen funds. Controversially, Flashbots Director of Strategy and Lido Strategic Advisor Hasu also supports this view. Jared Grey stated that attempting to use DAO bureaucratic procedures to confuse and hinder this process is hypocritical and completely wrong. They hope to reach a friendly solution with Lido DAO and its supporters to return the funds in question.
Pikamoon's Presale Attracts Attention as SushiSwap Struggles to Recover in Crypto Market Dip
SushiSwap (SUSHI) has been struggling to recover from the recent dip in the crypto market, while Pikamoon (PIKA) is gaining attention during its ongoing presale. This article examines the reasons behind SushiSwap's decline and why Pikamoon may be a promising investment opportunity, with the potential to deliver up to 50x returns.
"LayerZero Protocol Launches Airdrop for Early Adopters to Simplify Blockchain Interoperability"
LayerZero, a blockchain interoperability protocol valued at $3 billion and backed by major players such as A16z, Sequoia Capital, and Coinbase Ventures, is launching an airdrop for early adopters. The protocol aims to simplify the user-side transition of money between incompatible substrates and allows direct transactions between different blockchains. To participate in the airdrop, users must interact with certain bridges supported by the interoperability protocol using their own non-custodial wallet, such as MetaMask, and stake STG tokens on the bridge platform. Active users who stake STG on the bridge platform and participate in on-chain discussions may be rewarded in the event of a future airdrop. LayerZero technology offers several bridges, including Bitcoin Bridge, Aptos Bridge, and SushiSwap Bridge, that allow for on-chain transfers between different blockchains. It is recommended to avoid transactions with the Ethereum network to save on fees.
The Evolution of AirDAO: Embracing Decentralization and Empowering Community Governance
AirDAO is a Decentralized Autonomous Organization that manages the Ambrosus Blockchain (AMB-Net) and its suite of dApps.
SushiSwap Token Redesign Fails to Prevent 45% Price Drop Since February 2023 Highs
Despite the successful implementation of a proposal to redesign SUSHI's tokenomics, the price of SUSHI, the native token of SushiSwap, has dropped by 45% from its peak in February 2023. The proposal, which was made by Chief Chef Jeremy Grey in December 2022 and agreed upon by the community early this year, aims to make SUSHI more deflationary and promote decentralization. The latest data shows that SUSHI's annual inflation stands at 1.23%, lower than Bitcoin and Cardano. However, SUSHI's performance in the first half of 2023 has been poor, possibly due to the effects of the crypto winter, a hack, and regulatory uncertainty.
Crypto Morning Briefing: Alibaba Cloud Builds Metaverse Launchpad on Avalanche
Arbitrum’s Chronos Reaches $217M TVL With Staking, Becomes 8th Largest DEX; Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains; Deloitte Enters the Polkadot Ecosystem To Issue Reusable Digital Credentials
Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains
The decentralized exchange (DEX) SushiSwap has launched its version 3 (V3) liquidity pools on 13 different blockchain networks. The V3 pools enable users to earn rewards by providing liquidity to the exchange, while also offering improved liquidity and trading options.
Crypto Morning Briefing: Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption; Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations; Circle Activates Protocol for Stablecoin Transfers Between Ethereum and Avalanche
SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption
SushiSwap, a decentralized exchange (DEX), is one step closer to adopting a new tokenomics model that will promote its adoption of Uniswap version three (v3).