A Rollercoaster Year and a Bold Road Ahead
2020 started with a bang and ended with higher highs and lower lows for Sushiswap, ultimately becoming a dominant player in the decentralized exchange (DEX) game. Now, the platform is rolling out a roadmap for 2021 that could make even the most seasoned crypto enthusiasts giddy with excitement.
Cross-Chain DEX and Other Groundbreaking Features
Foremost on the agenda is the creation of a cross-chain DEX supported by Rune and Moonbeam, a dazzling step that aims to break the ecosystem chains that often hold DeFi products back. Add to that an interface on Polkadot, and you’ve got a powerful combination that can engage the entire blockchain community.
Governance Goes Fully Decentralized
The roadmap outlines an impressive pivot toward a fully decentralized governance structure by the end of the year. This aims to bring the community into the driver’s seat in truly Sushiswap fashion! Gone are the days when decisions rely on a handful of developers—this is a platform that encourages user engagement and input.
New Products and Features: Mirin and BentoBox
Aside from flashy integrations, practical tools are also on the menu. A more refined version dubbed Mirin is set for launch, along with a lending product, BentoBox. These additions are expected to revitalize user engagement and expand the utility of Sushiswap, giving DeFi lovers something to chew on.
Hush-Hush Rebranding Hints
In a statement that was as vague as a fortune cookie, the Sushiswap community hinted at potential rebranding efforts. Reportedly, the project will shift to a new domain to better reflect its evolved nature. “We aren’t just your average Automated Market Maker (AMM) anymore,” they teased, inviting speculation across the community.
Say Goodbye to Front-Running
Among the most buzzworthy announcements is a partnership with ArcherDAO, designed to combat the notorious miner-extractable value (MEV) problem. By collaborating with Ethereum miners to produce more efficient blocks, Sushiswap aims to create a fairer and more user-friendly experience.
Catching Up with the Yearn Ecosystem
Finally, Sushiswap addresses scaling intentions, noting their alignment with the broader Yearn ecosystem. Early indicators suggest they’ll be leaning towards zero-knowledge rollups as their first choice. This modern approach is intended to ensure that Sushiswap can scale efficiently while maintaining the high performance DeFi users expect.
A Community That Builds Together
As Sushiswap core contributor 0xMaki expressed in a recent interview, the vision for 2021 leans heavily on innovation and community building. “I want to keep incentivizing people to productivize their assets. Everyone will be a winner in 2021,” he emphasized, striking a hopeful chord amidst all these ambitious developments. At press time, $Sushi is enjoying a moment of glory, up 10% on the day to $4.64.
