Blockchain

Story: AELF Blockchain Community Excited about Sashimi Swap which is the New SushiSwap

By Dan Saada

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AELF Blockchain and SashimiSwap Integration

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Aelf blockchain is a decentralized cloud computing blockchain platform. 

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Aelf recently tweeted:  “Dear aelf community members and all DeFi lovers, Here's a sneak peek of SashimiSwap, a new SushiSwap with cross chain features developed by aelf.

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Sashimi, is a fair version of Sushi and there are no team Shares, no pre-mine and it is a cross chain swap ecosystem. 

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Following the release of AESwap, which is the first DeFi project on aelf network; on August 28, 2020 aelf launched SashimiSwap, which is its version of SushiSwap.

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The Sashimiswap is very easy to start with and provides a very smooth mining experience and also high yield.

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The token allocation mechanism is similar to Sushi with a 10x bonus. After 100,000 blocks, every block will release 100 SASHIMI tokens.

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The important features provided by AESwap providers are that, “market makers can make profit by adding liquidity to trading pairs.

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After mainnet launch, SashimiSwap and AESwap will be integrated.

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Sydney Ifergan, the crypto expert tweeted:  “AELF have provided the SushiSwap.  However it took be some time to differentiate the two spellings SashimiSwap, SushiSwap.”

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SashimiSashimi tweeted:  “New Sauce for #Sashimi, Community Governance Platform Launched! More details on community governance will be announced later, Stay tuned!”

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Reportedlym, Any SASHIMI-ETH LP Token holder, who is also known as SASHIMICHAKRA will be able to vote.

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SashimiSwap have launched the genesis mining at block height 10833000 on 5pm September 10, 2020 SGT. As of 11am September 11, 2020 more than 1.

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The SUSHISWAP migration work got officially completed on September 10 and this has led to the withdrawal of more than US $1 billion in liquidity from UNISWAP.

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