DEX SushiSwap unveiled a roadmap for its future development, promising to “Swap Everything”. The announcement particularly focused on their new Route Processor technology, and how it will impact users.
SushiSwap also mentioned several other features, like a “Native DEX” ecosystem and community outreach opportunities.
SushiSwap’s New Direction
Decentralized exchange (DEX) SushiSwap recently unveiled its roadmap for future development. With two words: Swap Everything, the firm outlined a vision for next-level liquidity access.
“The recently released Route Processor is not just an upgrade – it’s leveling up our multi-chain capabilities x10. It scours the market to find the best routes, delivering top-tier liquidity, competitive rates and access to more tokens than ever. Our swap and aggregation stack is unmatched… with liquidity from hundreds of sources and deepest pools,” it claimed.
Read More: How To Use SushiSwap: A Step-by-Step Guide
SushiSwap may need a major upgrade to regain its status as a prominent DEX. Its SUSHI token hit bottom this June, and this trend continued with further bearish signals as community members questioned the platform’s technical weaknesses.
The platform attempted to reverse this course in September when it released Dojo, a meme coin launchpad. Dojo’s main focus was on preventing pump-and-dump schemes in an already crowded meme coin market, but SUSHI’s price barely budged. A new technical refresh could be the solution to revitalize long-term interest in the platform.
Moreover, despite the launch of the new roadmap, the SUSHI token has been struggling. In the past 24 hours, it is down by over 5%, currently trading at $0.7581.
SushiSwap’s roadmap paid particular attention to the Route Processor. It aggregates liquidity sources from 35 different blockchains and builds upon the DEX platform’s existing infrastructure.
The announcement boasted of increased user convenience, options, and decreased costs due to these upgrades, but it also discussed several other points of interest.
Read More: SushiSwap (SUSHI) Price Prediction 2024/2025/2030
In particular, SushiSwap has also been working on an ecosystem of “Native DEXs,” creating integrated new platforms that cater to specific networks. SushiSwap hopes to onboard new users by offering a broad range of convenient services to customers on these affiliated platforms.
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Source: https://beincrypto.com/sushiswap-roadmap-route-processor/