SushiSwap to launch DEX aggregator and decentralized incubator in Q1 SushiSwap to launch DEX aggregator and decentralized incubator in Q1
Head Chef Jared Grey said that by properly executing its vision, SushiSwap intends to increase its market share by 10x in 2023.
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Updated: Jan. 17, 2023 at 9:11 am UTC
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Leading decentralized exchange (DEX) platform SushiSwap is looking to increase its market share by 10x with the proposed launch of its DEX aggregator router and decentralized incubator in the first quarter of 2023.
SushiSwap Head Chef Jared Grey detailed his plans for the DEX platform in a Jan. 16 company statement titled Sushi Revitalized. As per the roadmap, SushiSwap is working to provide deep liquidity, optimal pricing, sustainable tokenomics and an easy-to-use platform for its users.
The innovation will help attract increased liquidity to Sushi pools and allow liquidity providers to benefit from increased swap volumes and fees, Grey said in the report.
Additionally, Sushi will implement its redesigned tokenomics model which will introduce a token burn mechanism and emission-based rewards for staked SUSHI.
Sushi will fully launch its decentralized incubator “Sushi Studios” which has helped develop many stealth projects, Grey revealed. Sushi Studios will allow the DAO to launch independently-funded projects without hindering its core DEX focus.
“Sushi has a solid and resilient brand representing the best of DeFi; with Sushi Studios, we can leverage the brand to reach all users.”
Sushi Studios will launch its NFT marketplace named Shoyu in the first quarter of 2023, according to the plan.
To foster increased DAO engagement, Grey said that the team was building a governance dashboard that will detail its budget, crypto wallets and Treasury expenditure in real-time.
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Posted In: DEX
Author 
Christian Nwobodo
Christian is a crypto-curious nerd who loves to investigate how protocols work under the hood. Christian is interested in DeFi protocol research, token economics, and on-chain analytics.
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SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain.
Jared Grey is the Head Chef at SushiSwap, a community-driven platform that is building a DeFi ecosystem intertwining its cryptocurrency exchange, leverage & margin trading platform, new token launchpad and NFT artist platform.