Sushi Expands to ZetaChain for Native Bitcoin Support in DeFi
Sushi, a decentralized finance platform, has announced its expansion to layer-1 blockchain ZetaChain to introduce native bitcoin support. This move enables users to swap the largest cryptocurrency across 30 networks without the need to wrap it. ZetaChain's core contributor, Jonathan Covey, stated that the addition of bitcoin to Sushi goes beyond its traditional use case as just a store of value and allows for more sophisticated applications like lending and borrowing. The ZetaChain team has been working on this for years and believes that they are at an inflection point where they can develop applications that utilize actual bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Demand for mining equipment has skyrocketed in Russia
FIFA and Mythical Bring “FIFA Rivals” to Polkadot
FIFA, the world’s biggest name in football (or soccer as Americans call it), has partnered with Mythical Games to create an exciting new mobile game called FIFA Rivals
241126: Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
After a prolonged downtrend relative to bitcoin (BTC), Ethereum's ether (ETH) is showing signs of a resurgence. ETH, the second-largest cryptocurrency on the market, gained over 4% in the past 24 hours, while BTC lost 1.5% during the same time, dipping below $95,000 during the Monday session. The o
Why Qubetics Could Be the Best-Performing Coin in November 2024 And How It Stands Up Against Near Protocol and Avalanche
Trending news
MoreCrypto prices
More
