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Decentralized exchange Sushiswap (SUSHI) has introduced a new tokenomics model for sustainable growth and efficiency that the community is now discussing. Launched in August 2020, SUSHI is a decentralized finance protocol on Ethereum (ETH) that allows cryptocurrencies to be traded through liquidity pools without a central authority. The SUSHI community is evaluating
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Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality.The integration is touted to increase the possibilities for developers building within the Core ecosystem, with decentralized
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“Unfortunately, as we've worked with the Lido team to find a way forward to return the stolen funds they've disbursed, several personalities have made the argument Lido has no duty or authority to return them, essentially greenlighting the distribution of stolen funds to multiple Lido DAO participants,” tweeted Grey. Source
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While Fantom Foundation is still holding onto its MULTI, Nansen reports that other top holders have been sending Multichain’s governance token to exchanges, including one whale with 494,200 tokens ($2.75 million) as well as digital asset firm Hashkey Capital, whose position was worth $221,000 at the time. Source
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The version (v)3 concentrated liquidity pools will become available on popular chains, including Ethereum, Arbitrum and Polygon, BSC and Avalanche. The launch aims to expose liquidity providers to larger trading volumes and liquidity while reducing exposure to financial risks. The pools are designed to offer greater flexibility to traders, SushiSwap
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Changes to the protocol’s “Chef” contracts are intended to make it more decentralized and secure. Original Source
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Customers can claim their SUSHI until April 23. Original Source
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According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the
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A pseudonymous cryptocurrency pentester, known for their white hat hacking activities, found themselves in a race against time and malicious bots after identifying a vulnerability in SushiSwap’s RouterProcessor2 contract. The hacker managed to secure 100 ethereum (ETH) of the affected funds before malicious bots copied the attack, leading to a loss
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A bug on a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to over $3 million in losses in the early hours of April 9, according to several security reports on Twitter. Blockchain security companies Certik Alert and Peckshield posted about an unusual activity related to the approval function
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