
SushiSwap launches its first BentoBox-based application.
The SushiSwap team announced the launch of BentoBox, an ‘app store’, and the first lending and margin-trading solution built on it — Kashi.
\n\n\n\n
According to the statement, BentoBox is a storage facility that enables assets to be deposited for use in other decentralised applications built on top of it.
\n\n\n\n
Kashi enables the creation of token-lending pairs and margin trading.
\n\n\n\n
BentoBox functions as a wallet for assets, allowing gas costs to be reduced and additional income to be earned by maximising the use of tokens, according to SushiSwap. For example, the coins can be used to provide instant loans, even as they are simultaneously deployed in yield farming.
\n\n\n\n\n\n\n
Earlier, in February, the venture firm Future Fund acquired SushiSwap’s domain name sushi.com.
\n\n\n\n
Subscribe to ForkLog news on VK.
Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!