TechFlow reports that Sushi has announced its launch on the Layer2 network Blast. The integration of Sushi with Blast brings Sushi's v2 and v3 Automated Market Makers (AMM) to the Blast network.
Sushi stated that Blast's yield comes from ETH staking and RWA protocols. WETH and USDB (Blast's stablecoin) automatically generate yield for end users, which is passed on to pools when users deposit into Sushi pools. To ensure liquidity providers (LPs) receive part of this yield, Sushi will use Merkle distributions to allocate yields to v3 LPs, while a solution for v2 is currently under development.
In addition, Blast points earned by LPs will be returned to them via a script designed to facilitate LP point distribution in the coming days.
Add to Favorites
Share to Social Media
