Today in DeFi - Sushi Kashi, Visa Adopts USDC, and more
Sushi Launches Kashi
Sushiswap has launched Bentobox and Kashi. Bentobox is a yield-earning vault where assets can be simultaneously earning yield in Sushiswap’s Onsen, as well as generating yield from flash loans or other projects developed on top of it.
Kashi is a lending and margin trading platform built on top of Bentobox. Compared to other platforms, Kashi has isolated lending pairs, allowing it to support more DeFi pairs without risk contagion to the entire platform. Kashi’s margin trading leverages BentoBox, allowing it to be gas-efficient while also generating yield for BentoBox users.
Sushiswap
Today in DeFi is sponsored by Sushiswap.
Sushiswap is a DeFi-Native DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.
Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.
Check out Sushiswap at Sushi.com, or try the Bentobox/Kashi beta at staging.sushi.com
Visa Settles USDC
Visa now settles payments in USDC. It’s working with crypto card provider Crypto.com. Instead of settling funds in fiat as before, it is now settling directly in USDC through Anchorage.
Integral Launch
Integral has just launched its product and farming. Integral innovates on top of existing AMMs by using them for price discovery. Uniswap’s prices are used with a 5 minute delay, which theoretically reduces Impermanent Loss, while Binance’s order book is mirrored for depth, creating an effect similar to Uniswap V3’s concentrated liquidity.
Follow @todayindefi to keep up with the latest DeFi news on Twitter.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned