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ZEC $335.32 -2.19%

Sushi: Has launched on the Blast mainnet

2024-03-04 23:51:12
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ChainCatcher news, according to official sources, the DEX project Sushi has announced the launch on the Layer2 network Blast.

The announcement states that the integration of Sushi with Blast will bring Sushi's v2 and v3 automated market makers (AMM) to the Blast network. Sushi indicates that the earnings from Blast come from ETH staking and RWA protocols, with WETH and USDB (Blast stablecoin) automatically generating returns for end users when they deposit into Sushi pools, which will receive these earnings. To ensure that liquidity providers (LP) receive their share of the earnings, Sushi will use Merkle to distribute earnings to v3 LPs, and a solution for v2 is currently in development.

Additionally, the Blast points earned by LPs will be returned to them through a script designed to facilitate the distribution of points to LPs in the coming days.

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