SushiSwap, one of the foremost DEX in the crypto industry, launched on Metis on Wednesday, July 27, by deploying Trident AMM and Bento Box farming on the platform.
Metis is an Ethereum (ETH) layer 2 roll-up platform that aims to solve six of the biggest challenges in the Ethereum (ETH) ecosystem. The challenges are Speed, Storage, simplicity, scalability, security and savings.
Metis will be an easy-to-use platform that will increase the awareness of blockchain and make it accessible to everyone. In addition, Metis can easily integrate into an existing platform without tampering with any code.
Further, the integration does not take long to complete; depending on the Smart contract stack, it should take less than a day. Metis has many use cases, and anyone anywhere in the world can thrive in the DeFi economy using metis. Some of the use cases of metis are DAO, dApps, DeFi 2.0, NFT minting and trading, volunteer projects and so on.
Sushiswap earlier had announced the release of sushiXswap, a cross-chain swap AMM. With this tool, they intend to migrate some DeFi products to the 2.0 architecture. It is designed to support tokens on the Ethereum (ETH) mainnet, polygon mainnet, Binance Smart Chain mainnet, and Avalanche C-chain.
Sushiswap has come a long way and is experiencing a lot of advancement; it has played a pivotal role and placed itself as one of the key men in the DeFi space. One of the sushiswap developers, Mattew Liley, has applauded it and further explained that Sushiswap has passed many tests since its inception.
For example, Sushi was the first DeFi protocol to test multi-chain expansion; it scaled several other protocols and paved the way for other DeFi protocols. Sushiwap’s integration with Metis shows that the protocol still has a lot to offer in the DeFi ecosystem.