Sushi, the leading DeFi protocol, has now added Fuse Network to its list of supported chains. Fuse Network is a layer-1 EVM compatible blockchain. Fuse Network users now have the ability to trade on Sushi products and also provide liquidity.

This is a major milestone

Fuse Network’s Sushi position in DeFi is a major milestone. Because users can access financial services directly without intermediaries, Decentralized Finance has been gaining prominence over the last 24-months.

Sushi is one of the top multi-chain DeFi platforms. The company’s products include a Decentralized Exchange (DEX) protocol SushiSwap and Kashi lending protocols, bentoBox dApps ecosystems, xSUSHI staking platforms, Miso decentralized Launchpad, and the upcoming Shoyu NFT Marketplace.

SushiSwap DEX has the highest trading volume of any DEX and is known for having over $2 Billion TVL (Total Value Locked). Sushi continues to grow its ecosystem. Fuse, the most recent blockchain supported by a number of other platforms, includes Binance Smart Chain and Polygon. Fantom is also included in this list. Fuse users now have the ability to trade or provide liquidity for the pools supported by the Sushi DApp. Other Sushi’s products set to be deployed to Fuse include Kashi and Miso.

A DeFi protocol that is ideal

Fuse Network, which uses innovative methods to simplify access to DeFi payments and cryptocurrency payments via mobile-friendly user-friendly tools, has seen its popularity grow rapidly in recent months. The blockchain has been adopted by other blockchain projects and developers in recent months due to this innovative approach.

Fuse Network’s blockchain architecture uses a variant of the Delegated Proof-of-Stake (dPoS)-based consensus algorithm and has a block time of around five seconds. Fuse Network’s blockchain supports transactions at low cost with an average transaction fee less than $0.01 making it ideal for DeFi protocols.

Fuse Network, an EVM-based public Blockchain and fully compatible with Ethereum, is also available. Fuse Network can run any smart contract that was deployed to Ethereum. Developers can easily deploy projects to Fuse Network from Ethereum or other EVM chains.

Fuse is powered by FUSE its native token, which has been increasing in popularity. You can also find it listed on Gate.io or MEXC.

Future Growth in Fuse Ecosystem

Fuse Network has an active ecosystem of payments-centric projects. Peepl is a Fuse-powered food delivery company that received substantial funding from Liverpool. Other Fuse products, including the eToro-backed GoodDollar, have made significant progress.

Fuse’s most noteworthy completed integrations with other crypto projects, beside Sushi, include The Graph, Pocket Network, Beefy Finance and EIk Finance. Fuse is excited to welcome more prominent names to the blockchain ecosystem with its integration of Sushi.

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