SushiSwap Expands its Horizons to Bitcoin Sidechain Rootstock
CryptoNewsTerminal Staff06 Jun, 2024
SushiSwap Expands its Horizons to Bitcoin Sidechain Rootstock
SushiSwap (SUSHI), a leading decentralized exchange, has expanded its reach to the Bitcoin sidechain Rootstock. This move aims to bring the benefits of decentralized finance (DeFi) to the Bitcoin network. Launched in 2018, Rootstock is an EVM-compatible sidechain that seeks to bridge the gap between Bitcoin and Ethereum. By leveraging Rootstock, SushiSwap users can now access a wide range of DeFi services, including trading, lending, and yield farming, while utilizing the security and stability of the Bitcoin blockchain. This expansion is a significant milestone for both SushiSwap and the DeFi ecosystem. It underscores the growing convergence between Bitcoin and Ethereum, as developers and users explore innovative ways to combine the strengths of these two blockchain giants.
