
Earlier this year, Kava rocked the L1 industry with the launch of the Ethereum Co-Chain, causing the protocol’s fastest growth on any blockchain in 2022.Today, Tier 1 DeFi protocol Sushi is rolling out to Kava and up to $7M Matching Compensation Plan elegantly redesigned Sushi 2.0 User interface.
Contributing liquidity to wKAVA/USDC pools of Sushi deployed on Kava EVM will qualify you for KAVA and SUSHI token rewards. Sushi’s deployment also allows users to create new pools using other asset pairs, especially after his Kava 11 upgrade and Ethereum bridge later this year. These actions position Sushi as the primary decentralized exchange (DEX) for his Kava EVM.
Kava is a 100% growth-oriented blockchain backed by the Kava Rise incentive program. Sushi has been a believer in this program since the beginning and was an early pioneer. We are pleased to announce that we have chosen Kava for our vision of having more protocols onboard and engaging than all other L1 networks.Kava is a visionary like Sushi. Together with a bright partner, we will achieve that goal. Scott Stuart, CEO of Kava Labs.
We are grateful to be a part of what we consider to be an exciting new blockchain infrastructure. We are humbled to be included as one of the first DEXs on the Kava Chain. We believe that the best approach is for Kava to focus on growth and work with projects of all kinds to help them grow through the Kava Rise program. , a testament to the importance of combining our strengths. Sushi team.
A milestone in the partnership between Sushi and Kava is made possible by Kava Rise. $750 million rewards program Designed to drive 10x growth on the Kava blockchain. Being part of Kava Rise means that all Sushi pools in Kava will accumulate programmatic on-chain rewards for the Sushi Protocol.
In addition to expanding to Kava and introducing the Kava Rise program, Sushi has implemented a new UI designed to improve the user experience, allowing users of Sushi’s most used apps Trident, Furo, and BentoBox to Improve your experience. All of these dApps are accessible through the Kava EVM and are eligible to accumulate Kava Rise incentives for the Sushi Protocol.
Sushi is an Ethereum-based decentralized protocol that offers a robust set of DeFi applications.The sushi ecosystem is still maintained today $1.5 billion Total liquidity with over 150,000 Sushi token holders and 15.68,000 asset trading pairs. Users can interact with Sushi on over 20 wallets and 15 supported blockchains.