Sushiswap rumors rebrand; reveals somewhat insurmountable projects coming 2021

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In the discovery that the cryptowitter set ablaze, Sushiswap laid the groundwork for 2021.

After a crazy, up-and-down 2020 that saw Sushiswap becoming the biggest decentralised exchange (DEX) of liquidity at two separate stages, the Decentralized Finance (DeFi) network released a wildly ambitious project roadmap for 2021.

Main advancements to come include several examples of some of the most complex and advanced features in DeFi space, including a cross-chain DEX that will allow Rune and Moonbeam, adoption on the Polkadot chain, and a completely decentralised governance system by the end of 2021.

The post also included updates on previously planned projects, including a launch v2 named Mirin and a mid-January release date for the launch of BentoBox, the upcoming loan product.

There were also signs of a potential future rebrand. Given the range and number of products currently on sale and in progress, “Sushiswap will move to a new domain in 2021 to better reflect how we are no longer an AMM.”

One of the innovations that especially excited observers was the planned integration with ArcherDAO. Archer works with Ethereum miners to create more productive blocks, and convergence would reduce the front run by miners, also known as miner-extractable value (MEV).

Other integrations provide upcoming support for FRAX and DSD algorithmic stablecoins, as well as BAO.

Finally, the blog offered an update on scaling plans, mentioning that Sushiswap would “move in sync with the Greater Year’s Ecosystem,” and that zero awareness roll-ups are likely to be the chosen option.

It’s a lengthy list of targets for a project just six months old. However, in an interview with Cointelegraph earlier this week, Sushiswap’s key contributor 0xMaki spoke about the vision of an ever-growing, well-incentivized Sushiswap culture.

 “I want to keep incentivizing people to productivize their assets. Make them join a DAO. Rewards more devs so they can build what they love. Introduce more people to DeFi and new financial primitives. Showcase prominently new dApps on Sushi. Everyone will be a winner in 2021.”

At press time, $Sushi is going up 10 percent on a day to $4.64.

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