In this dashboard, we will explore what are all the financial services offered by Sushi and if they are offered across all blockchains. Also, will be documenting services offered, illustrating sushi ecosys? Are they offered on all the chains? prepare a document illustrating sushi ecosystem of financial services on each chain and explain each service briefly.
The SushiSwap decentralized exchange was initially launched on Ethereum, and it uses an automated market-making system, as opposed to a traditional order-book. Rather than matching individual buy and sell orders, users can pool assets that are then traded against each other, the difference between the two determining the price.
SushiSwap, in general offers a variety of features such as yield farming and earning high interest rates, lending and borrowing assets against collateral with interest received or owing, and swapping hundreds of available digital assets with different pools.
Let us explore some of the financial services offered by the Sushi products such as
Kashi Lending
Kashi is a platform for lending and margin trading, based on BentoBox and with the help of Kashi, any user can create custom and gas-efficient markets for lending, borrowing, and collateralizing a range of DeFi tokens, stable coins, and synthetic assets.
Unlike traditional DeFi money markets, where assets can introduce risk into the entire protocol if they are high-risk, Kashi doesn't have one market as opposed to the Sushiswap DEX, so risks in one market won't affect the risk in the other.
Kashi isolates each lending and borrowing pair from the others and with Kashi, users are able to lend and borrow assets that would not be feasible on pooled lending platforms. A market with isolated risks is also isolated, as opposed to a market where you are prevented from trading with high-risk tokens due to the possibility that they could cause the entire system to collapse.
SushiSwap Exchange