SushiSwap (SUSHI) is Now Supported By BitGo

Ethereum Updates

Summary:

  • SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets
  • The team at BitGo cited the SushiSwap team’s consistency and resilience as one reason to add support for SUSHI
  • Furthermore, SushiSwap’s collaboration with Yearn Finance is an indicator of growth in the DeFi industry

SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets. The team at BitGo made the announcement on Thursday and expressed optimism in collaborating with the SushiSwap team and community moving forward.

SushiSwap has Been Consistent and Resilient

The team at BitGo explained that the key to their decision of supporting SUSHI was that the SushiSwap team had proven to be consistent and resilient since the project was launched and despite the initial uncertainty of the founder, Chef Nomi, exiting the project. They added that the inclusivity of the SushiSwap community has enabled the project to evolve to what it is today with an ambitious roadmap in the pipeline.

SushiSwap received a fair bit of criticism at the onset of the project for having launched a forked version of the ecosystem’s largest AMM. Through inclusivity and a community driven approach, SushiSwap has since charted its own trajectory — evolving far beyond the initial fork and product.

The SushiSwap team put forth an ambitious roadmap last fall and has continued to show consistency and resiliency in delivering it. SushiSwap is nearing the much anticipated launch of BentoBox, the Sushi ecosystem’s isolated pair lending solution. Just recently, the SushiSwap team also kickstarted a launchpad program aimed at token listings dubbed MISO.

DeFi Will Flourish with the SushiSwap and Yearn Finance Collaboration

Additionally, the team at BitGo highlighted the recent collaboration between the teams at SushiSwap and Yearn Finance as being a crucial step towards expanding and growing the DeFi industry.

Back in December, Andre Cronje of Yearn finance announced the strategic merger of SushiSwap and Yearn. The relationship between the projects is very synergistic and focuses on deepening the integration between SushiSwap’s AMM pools and Yearn’s yield maximizing strategies and a continued roadmap of collaborative products. We are very much excited about the growth of both of these projects and the flourishing of the whole DeFi space.

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