A decentralized finance asset that soared 931% in a span of a few months is revealing its lofty roadmap for 2021.
According to the roadmap of SushiSwap (SUSHI), the team behind the decentralized exchange is gearing up to integrate an automated market maker (AMM) set to be enabled by THORChain’s RUNE and Moonbeam.
SushiSwap is also looking to have a live testing version of its protocol on Polkadot’s experimental network Kusama in Q2. The project adds that it is considering a new governance model based on either Aragon’s v2 x snapshot or Synthetix’s council of community members.
SushiSwap says it also has plans to change its domain.
“SushiSwap will be moving to a new domain in 2021 to reflect better how we aren’t an AMM anymore moving forward but an OpenOrg part of the Yearn ecosystem.”
Another product that’s in the works for SushiSwap is BentoBox, a lending solution that will employ isolated lending pairs, margin shorting of any token, flexible oracles, and liquid interest rates.
Other integrations in the pipeline include support for stablecoins, Frax, Dynamic Set Dollar (DSD), and Bao.Finance (BAO).
Looking at scaling solutions, SushiSwap says it is considering multiple options.
“Zk-rollups are currently the option privileged since composability is key. Matter labs have been quite supportive, and we are keeping up with the latest development of Zinc.
Ultimately this decision will lay in the hands of our CTO – core devs and Yearn ecosystem participants.”
In November, SUSHI traded at an all-time low of $0.475. It is now valued at $4.69 according to CoinGecko.
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Follow us on Twitter, Facebook and Telegram
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Liu zishan