Sushi Labs acquires Shipyard Software to advance DeFi liquidity
Golden Finance reports that Sushi Labs has announced the acquisition of DeFi infrastructure company Shipyard Software to address key issues in decentralized finance, including mitigating impermanent loss, optimizing liquidity supply, and improving multi-chain transaction efficiency.
Shipyard Software's core products include Blade and Kubo: Blade is a new generation AMM with an innovative RFQ system that optimizes on-chain pricing, eliminates impermanent loss, and improves trade execution; Kubo is an advanced liquidity solution supporting single-sided collateralization and up to 100x leverage for long-tail asset trading. Both will be integrated into the Sushi ecosystem to further promote innovation in decentralized finance.
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
An Ethereum pre-mined address dormant for over 10.3 years has been activated, involving 1,000 ETH
Bitcoin drops nearly $1,000 in the short term, now trading at $93,200 per coin
Trump Turns Against Key Ally, Congresswoman Marjorie Taylor Greene