The software running on Ethereum that seeks to entice a network of users to operate a crypto buying and selling platform, SushiSwap has published a proposal that suggests Sushi integrates the native Stargate Omnichain Asset Bridge to facilitate exchanges and transfers of native Omnichain assets between networks.
Sushi receives an integration proposal from Stargate
Sushi, which is currently deployed on 16 different networks, received a proposal for the integration of a “fully composable native asset bridge with unified liquidity and instant guaranteed finality”, Stargate Ominichain.
Currently, users face a long and complex process to exchange native chain tokens with non-native tokens, which requires multiple steps with third-party involvement.
The first user application built on LayerZero, Stargate, can solve the problem with its Omnichain asset transfer protocol that leverages the Delta Δ algorithm. It guarantees the funds on the destination chain when a transaction is successfully committed on the source chain. Stargate guarantees shared access to a unified liquidity pool across multiple chains.
Proposal for free movement between assets and networks
SushiSwap’s proposal aims to promote unlocking the “power of Sushi by allowing users to move freely between assets and networks.” The proposal highlights the following key points:
- Integration to allow a better user experience for exchanges on several networks.
- Deploy supported assets in BentoBox as a strategy
- Receive a bribe from the treasure partner
- Maximize Volume on Sushi Pools
The Stargate integration would support seven networks at launch with further expansion as Sushi reaches significant TVL.
Recently, the Proposed SushiSwap community a legal structure to reduce regulatory risk and play a key role in limiting the liability of contributors.