{"id":539802,"date":"2023-01-17T05:22:43","date_gmt":"2023-01-17T02:22:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sushiswaps-new-dex-aggregator-will-10x-our-market-share-head-chef\/"},"modified":"2023-01-17T05:22:43","modified_gmt":"2023-01-17T02:22:43","slug":"sushiswaps-new-dex-aggregator-will-10x-our-market-share-head-chef","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sushiswaps-new-dex-aggregator-will-10x-our-market-share-head-chef\/","title":{"rendered":"# SushiSwap&#8217;s new DEX aggregator will &#8217;10x our market share&#8217; \u2014 Head Chef"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a34fcee8686d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a34fcee8686d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sushiswaps-new-dex-aggregator-will-10x-our-market-share-head-chef\/#%E2%80%9D_SushiSwaps_new_DEX_aggregator_will_10x_our_market_share_%E2%80%94_Head_Chef_%E2%80%9C\" >&#8221; SushiSwap&#8217;s new DEX aggregator will &#8217;10x our market share&#8217; \u2014 Head Chef &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_SushiSwaps_new_DEX_aggregator_will_10x_our_market_share_%E2%80%94_Head_Chef_%E2%80%9C\"><\/span>&#8221; SushiSwap&#8217;s new DEX aggregator will &#8217;10x our market share&#8217; \u2014 Head Chef &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvOWFjZmUxMzYtOGFiYy00NGI4LWJhOGItY2ZkNjA3YTZjMjM1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a4050f8>Just a month after warning of a &#8220;significant deficit&#8221; in its treasury, the CEO of decentralized exchange (DEX) SushiSwap has shared several planned updates to the platform which it says is intended to &#8220;10x&#8221; its market share in 2023.<\/p>\n<p>Sushi CEO Jared Grey laid out the plans for the decentralized finance (DeFi) platform in a Jan. 16 Medium <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/jared-grey.medium.com\/sushi-revitalized-f2e9161d293f\">post<\/a> saying it will focus on its product stack in line with prior plans to make Sushi more sustainable.<\/p>\n<blockquote><p>&#8220;Sushi commands ~2% of the AMM market &amp; 0% of the aggregation market. By executing our vision, we intend to 10x our market share in 2023.&#8221;<\/p><\/blockquote>\n<p>Newly announced plans include a DEX aggregator set for launch in Q1 and a \u201cdecentralized incubator\u201d on the cards for 2023.<\/p>\n<p>Grey said the upcoming DEX aggregator \u2014 a tool giving users access to various DeFi protocols \u2014 was built in \u201cstealth mode\u201d throughout last year, and is part of its plans to drive scalability and sustainability of its business.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Read how we&#8217;re revitalizing <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SushiSwap?ref_src=twsrc%5Etfw\">@SushiSwap<\/a> in 2023!<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/KTnNgtUMaw\">https:\/\/t.co\/KTnNgtUMaw<\/a><\/p>\n<p>\u2014 Jared Grey (@jaredgrey) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jaredgrey\/status\/1615064993841483786?ref_src=twsrc%5Etfw\">January 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Grey also laid out the vision for Sushi Studios, a so-called decentralized incubator where Sushi will help launch self-funded projects \u201cto support ecosystem growth without burdening the DAO treasury.\u201d<\/p>\n<p>He added \u201cseveral stealth products\u201d are currently in development along with its long-awaited nonfungible token (NFT) marketplace Shoyu expected for a first-quarter launch and a perpetual DEX platform.<\/p>\n<p>The push for more offerings comes after a Dec. 6 governance proposal put forward by Grey revealed Sushi\u2019s treasury only had one and a half years of runway left that \u201cthreatens Sushi\u2019s operational viability.\u201d<\/p>\n<p>On Dec. 11, Grey said the DEX lost $30 million over the prior 12 months on incentives for liquidity providers (LPs).<\/p>\n<p>Later that month he put forward a proposal to redesign the tokenomics of the SushiSwap (SUSHI) token to try to strengthen Sushi\u2019s treasury reserves. <\/p>\n<p>Grey confirmed in his latest post that &#8220;we took measures to secure our runway for multi-year operations.&#8221;<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>As DEXs struggle, new <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roaches kindle hope<\/em><\/strong><\/p>\n<p>As for Sushi\u2019s other 2023 plans, the platform is also building a governance dashboard and focusing on user experience.<\/p>\n<p>The dashboard showcases Sushi&#8217;s budget, crypto wallets for each project and Treasury expenditure audit results.<\/p>\n<p>\u201cUltimately, we will provide deep liquidity, optimal pricing, sustainable tokenomics, &amp; an easy-to-use platform, placing you first in everything we build,\u201d Grey said.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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Sushi CEO&#8230;<\/p>\n","protected":false},"author":1,"featured_media":539803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/9acfe136-8abc-44b8-ba8b-cfd607a6c235.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74877,74868,75916,75917,89215],"class_list":["post-539802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-decentralized-exchange","tag-defi","tag-dex","tag-exchanges","tag-sushiswap"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/539802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=539802"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/539802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/539803"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=539802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=539802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=539802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}