{"id":32010,"date":"2024-06-06T17:23:02","date_gmt":"2024-06-06T17:23:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sushi-goes-live-on-bitcoin-sidechain-rootstock\/"},"modified":"2024-06-06T17:23:02","modified_gmt":"2024-06-06T17:23:02","slug":"sushi-goes-live-on-bitcoin-sidechain-rootstock","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sushi-goes-live-on-bitcoin-sidechain-rootstock\/","title":{"rendered":"Sushi goes live on Bitcoin sidechain Rootstock"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/sushi-on-rootstock-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/sushi-on-rootstock-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/sushi-on-rootstock-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/sushi-on-rootstock-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Sushi is now live on Bitcoin (BTC) sidechain Rootstock<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Rootstock\u2019s integration with the decentralised exchange (DEX) will expand DeFi on Bitcoin.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Users can now leverage Sushi\u2019s advanced trading functionalities and other features while tapping into Bitcoin\u2019s security and decentralisation.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/tag\/sushiswap\/\">SushiSwap<\/a>, a decentralised exchange (DEX) deployed across over 30 blockchains, is now live on Rootstock, a pioneering Bitcoin (BTC) sidechain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Sushi team <\/span><a href=\"https:\/\/www.sushi.com\/blog\/sushi-is-live-on-rootstock\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">announced<\/span><\/a><span style=\"font-weight: 400\"> the integration with Rootstock, which seeks to bring decentralised finance (DeFi) to the Bitcoin ecosystem, on Thursday.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/sushi\/\">SUSHI price<\/a> rose slightly after the news, increasing by about 3% to reach $1.23.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Major news as Sushi integrates with Bitcoin sidechain Rootstock<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Rootstock is the first EVM-compatible <a href=\"https:\/\/coinjournal.net\/news\/rootstock-spin-bitcoin-sidechains\/\">Bitcoin (BTC) sidechain<\/a>, having launched in 2018 as the crypto industry experienced exponential growth across smart contracts projects.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With security enhanced via Bitcoin\u2019s mining mechanism, Rootstock aims to expand the world of <a href=\"https:\/\/coinjournal.net\/news\/tag\/defi\/\">DeFi<\/a> on Bitcoin through Ethereum-compatible smart contracts. The network provides for the critical features of high scalability, fast transactions and interoperability.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Sushi\u2019s integration will allow SUSHI holders to trade and provide liquidity on the Bitcoin sidechain, with users able to tap into Bitcoin\u2019s security and decentralisation.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The integration will allow for the expansion of SushiSwap\u2019s trading functionalities to Rootstock\u2019s DeFi ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cThis collaboration marks a significant expansion into the DeFi sector for Rootstock, enhancing its ecosystem with Sushi\u2019s advanced trading functionalities. It also strengthens Sushi\u2019s multi-chain expansion by adding Rootstock to the network, offering users diverse options for including Bitcoin in DeFi,\u201d the Sushi team said in an announcement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Sushi is therefore helping to bridge Bitcoin-Fi and DeFi, giving the community access to new opportunities that leverage BTC assets.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Some of the features Sushi brings to Rootstock are token swaps and liquidity provision. Users can leverage these via Sushi\u2019s V2 and V3 Automated Market Maker (AMM), a DEX aggregator, and Route Processor 4 (RP4). The latter provides for efficiency and optimised trading.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Rootstock users can access DeFi protocols and other dApps using RBTC, a native token pegged 1:1 to BTC.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/sushi-goes-live-on-bitcoin-sidechain-rootstock\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Sushi is now live on Bitcoin (BTC) sidechain Rootstock Rootstock\u2019s integration with the decentralised exchange (DEX) will expand DeFi on Bitcoin. Users can now leverage Sushi\u2019s advanced trading functionalities and other features while tapping into Bitcoin\u2019s security and decentralisation. SushiSwap, a [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":32011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32010"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=32010"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/32011"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=32010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=32010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=32010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}