Up 57% in two weeks and 40% in 30 days, SushiSwap (SUSHI) moves at its own beat. The decentralized finance (DeFi) token trends to the upside on the back of a potential integration with Stargate, the LayerZero implementation.
Related Reading | Why SushiSwap’s 15% Gain Could Be The Beginning Of An Uptrend
At the time of writing, SUSHI trades at $4.80 with a 14% profit in 24 hours.
SUSHI with small gains on the 4-hour chart. Source: SUSHIUSDT Tradingview
LayerZero is a communication protocol that enables direct interaction between different blockchains. Stargate is a bridge solutions running on top of it.
By integrating with SushiSwap, the decentralized exchange (DEC) could unify the liquidity spread across its 16 different versions. In that way, users would access cheaper cross-chain transactions, more security, new products and investment strategies.
If the integration is approved, for example, liquidity providers on this DEX could expand their rewards. In step of receiving a portion of the transaction fees for 1 liquidity pool running on Ethereum, they could collect rewards from al ..
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