decentralzied exchangeDEXMarketsSushiSushiSwap

SushiSwap Launches New Lending and Margin Trading Platform

SushiSwap will allow margin trading of some crypto trading pairs that are not available in the market due to lack of liquidity. The move has seen many mid-sized whales enter the network in anticipation of a bullish impulse. 
Making the Most Out of Cryptos
SushiSwap announced the launch of a cryptocurrency lending and margin trading platform, dubbed Kashi. 
The platform supports a wide variety of trading pairs that were not available before. Using an elastic interest rate with a “target utilization rate of 70-80% of the total supply,” Kashi makes high-risk assets accessible for margin transactions. Traders will be able to short a large selection of tokens and create leveraged short positions. 
Kashi will rely on BentoBox, a highly-anticipated token vault, to help users generate yield from flash loans. 
“The crucial role that the vault plays is that it allows users to earn interest by lending out their assets to margin traders, while simultaneously earning yield on the same tokens from liquidity providing or farming on DeFi protocols,” the team reports. 
Users can now make the most out of their cryptocurrencies by simply transferring their tokens to BentoBox and linking the vault to Kashi. They will be able to create the supply or borrow pair of their choice or short a wide range of altcoins. 
It is worth noting that another iteration of the DEX will be released in the next few weeks. 
SushiSwap Whales Buy-In
Santiment’s holder distribution chart shows that insiders may have prepared for a bullish …
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