Sushi Brings the Heat to DeFi Introducing Native Bitcoin on ZetaChain! 🍣💥
Sushi Launches Historical DeFi Milestone with Native Bitcoin Integration on ZetaChainSushi Adds Bitcoin Support: A DeFi Feast
Decentralized finance (DeFi) just got tastier with Sushi’s latest move. In a historic announcement, Sushi, the popular DeFi protocol, has expanded to ZetaChain, allowing users to use native Bitcoin (BTC) on its platform. No need to wrap your head around it, this means you can seamlessly swap BTC across 30 different networks without the usual “wrapping” process on Ethereum. It’s like enjoying a sushi roll without having to wrap it in seaweed!
ZetaChain, the self-proclaimed “only blockchain you’ll ever need,” is the secret sauce behind this collaboration. This layer 1 blockchain and developer platform enables cost-effective and secure transfers of digital assets across various blockchain networks. It’s like having a conveyor belt that effortlessly delivers your Bitcoin to any destination.
But let’s not forget the sushi chefs behind this innovative collaboration. Jared Grey, Head Chef at Sushi, describes it as “a new chapter in DeFi,” where interoperability and connectivity take center stage. While Lead Sushi Developer Jiro adds that ZetaChain’s compatibility with the Ethereum Virtual Machine (EVM) makes integration a piece of cake.
Now, let’s dig into the delicious offerings on the Sushi menu. With the integration of Sushi’s automated market makers (AMMs) and the cross-chain swap solution, SushiXSwap, users can trade native BTC across 30 networks. It’s like having a buffet of liquidity on the Bitcoin network, where you can sample different flavors of DeFi.
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But hold your chopsticks, we’re not done yet. The Sushi and ZetaChain collaboration aims to serve up DeFi 3.0, a decentralized and permissionless approach to trading native BTC. It’s like turning up the heat on traditional finance and giving it some much-needed flavor.
So, fasten your seatbelts and get ready to feast on the future of DeFi. The Sushi team plans to roll out a decentralized exchange (DEX) on the ZetaChain testnet, followed by full functionality for Bitcoin interoperability on the mainnet. It’s a DeFi feast you don’t want to miss!
Have a burning question about Sushi’s Bitcoin integration or just want to share your favorite sushi roll? Let us know in the comments below. We’re here to satisfy your hunger for knowledge and DeFi goodness. Grab your chopsticks, it’s time to dive into the world of Sushi!
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