🍣 Sushi Forum #88 Notes ✍️
Introducing Toshokan, a community-first blog for Sushi

Introducing Toshokan, a community-first blog for Sushi

Today we're excited to introduce Toshokan (図書館 Japanese word for library), our new blog that will help keep our community informed about the latest happenings at Sushi.

2 min read

🍣 Sushi Forum #88 Notes ✍️

Your weekly forum quick fix!
🍣 Sushi Forum #88 Notes ✍️

Tangle is at ETHCC, and finds himself with nonfunctional internet so the day’s AMA is canceled. He provides a monologue on YouTube for a shortened Forum today.

SushiXSwap as of today is now live!

With the integration of Stargate, Sushi is now capable of sending swaps across multiple chains! Trades are done through the use Sushi liquidity while bridging uses Stargate’s stablecoin liquidity. Currently xSwap is supported on seven networks:

  • Ethereum
  • Arbitrum
  • Optimism
  • Polygon
  • Avalanche
  • Fantom
  • Binance Smart Chain

You can access crosschain swaps from https://sushi.com/swap.

SushiXSwap - A Crosschain DEX to rule All the Pools | SushiSwap Blog
The first ever Crosschain AMM, built on Stargate

Sarang gives us a presentation, “Building on the BentoBox:”

- Sarang also demonstrates the first live cross-chain swap during his presentation.

Tangle's presentation on DAO community management and tooling:

SushiGuard Router Proposal:

  • The SushiGuard Router has passed with over 6 million SushiPowah on quorum. This will allow the protocol EVM protection for swapping. Extracted profits from swaps will be split in half with Manifold Finance. Sushi’s half of extracted profits will be used as deemed by any proposals brought forward by protocol governance.

  • Ribbon Finance will be discussed next week.
Ribbon Finance x SushiSwap: Increase Treasury Stablecoin Reserves
TL;DR Deploy a small percentage of the treasury’s 14,471,208 SUSHI (~$17M) into a cash-settled SUSHI covered call position to bolster treasury stablecoin reserves. Summary Written by chudnov on behalf of Ribbon Finance The treasury is ~85% SUSHI (including operation funds), has no revenue stream…