Today in DeFi - Sushi Trident, Maker Decentralizing, and More...

Jul 21, 2021

Sushi Trident

07/20 marks the date that we reveal to you all our Next Generation AMM, Trident🔱 Trident is a new AMM protocol built in-house by the Sushi team, with features never-before-imagined in DeFi. We can't wait to welcome you to the "not just a fork" SushiSwap, Trident, coming soon!

Sushi’s new AMM Trident is coming.

Besides the original constant product pool, Trident brings 3 new pool types: hybrid pool, weighted pool, and concentrated liquidity pool. Trident is native to Sushi BentoBox, allowing LPs to auto-earn yields for deposited assets with no extra cost.

For transactions, the Tines routing engine goes through multiple pools & routes to find the best price for users

Sushiswap

Today in DeFi is sponsored by Sushiswap.

Sushiswap is a DeFi-Native DEX on Ethereum, Polygon, and Fantom, which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.

Besides its multi-chain Dex, Sushiswap also has Kashi gas-efficient lending markets for long-tail assets like UMA, Rune, or Chainlink.

Check out Sushiswap at Sushi.com, or try Kashi here.

Maker Decentralizing

Maker @MakerDAO

A final Maker Foundation message from CEO Rune Christensen (@RuneKek):

blog.makerdao.comMakerDAO Has Come Full CircleBy Rune Christensen, Maker Foundation CEO MakerDAO is now completely decentralized. With several Core Units approved by governance to efficiently

Maker Foundation announced to close operation in months and hand over controls fully to MakerDAO & community.

UpOnly Exchange by Injective

Injective 🪐 @InjectiveLabs

UpOnly exchange powered by @genesisblockhk is now live 💥 UpOnly is one of the first Injective relayers to go public and aims to provide a sleek interface for decentralized derivatives trading. bit.ly/3ezlyAv

bit.lyThe UpOnly Exchange is LiveThe UpOnly exchange is now live! UpOnly exchange [https://uponly.exchange/] is one of the first Injective relayers to go public. UpOnly exchange is powered by Genesis Block Ventures (GBV), a prominent investment firm. Injective was created with the intention of far surpassing the capabilities of e…

Layer 2 derivatives protocol Injective launched UpOnly exchange for derivatives trading. UpOnly is built upon Injective’s infrastructure thus is able to provide fast, gas-free transactions.

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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.