We are thrilled to announce that Sushi will be integrating with the Open Liquidity Network. They will be leveraging open standards like xERC-20 to improve and unify $SUSHI liquidity across all major rollups.
SushiSwap is a leading DEX in the EVM ecosystem, deployed on 30+ chains. The Open Liquidity Network will be a huge step towards greater interoperability between Sushi on each chain, as well as all apps it interacts with.
The Open Liquidity Network
The Open Liquidity Network (OLN) is an initiative by Omni to spur adoption of open standards like xERC-20. Standards like these allow tokens to be natively accessible on all EVM chains. This solves for liquidity fragmentation and protects asset sovereignty from bridges. Omni is combining these standards with its innovative communication layer to create the most seamless interoperability solution to date.
Sushi in the OLN
By integrating with the Open Liquidity Network, Sushi stands to benefit in a number of ways. Open standards like xERC-20 mean that liquidity is unified across all major rollups, allowing users to easily access their $SUSHI without using bridged tokens. Omni’s messaging layer helps to abstract the process of moving tokens away, drastically improving user experience. Further, Omni makes use of Ethereum restaking, meaning users get the security of Ethereum with the speed of rollups.
Omni is the restaking-secured blockchain built to unite all rollups. By establishing a low-latency, high-throughput messaging network, Omni empowers developers to expand their applications across all rollups, unifying Ethereum’s liquidity globally.
Omni is backed by $18M from prominent investors such as Pantera Capital, Two Sigma Ventures, and Jump Crypto.