0xMaki, SushiSwap’s project lead revealed his DeFi plans for 2021 today. The anonymous developer also stated that he is no longer in contact with Chef Nomi, the creator of the DEX.
SushiSwap is a clone of decentralized exchange Uniswap. It surged after its launch in August when the DeFi world went kooky for meme coins and yield farming.
But its creator was accused of an exit scam when he cashed out the DEX’s native tokens, $SUSHI, for $14 million of Ethereum and suddenly disappeared. He then gave it back and now isn’t involved in the project. However, its creator has been accused of an exit scam when he cashed out the DEX’s native tokens, $SUSHI, for $14M of Ethereum and then disappeared. He gave it back and is not involved in the project anymore.
“We haven’t talked for a while, I would say he’s not involved anymore,” said 0xMaki in an interview with Matt Aaron, the UniWhales co-founder. He said that ever since leaving SushiSwap, Chef Nomi would only review codes previously.
However, notwithstanding the drama, SushiSwap is growing and has attracted interest from yearn.finance, one of the largest projects in the crypto space. Andre Cronje, its creator, said that the two projects would merge.
0xMaki today said of the partnership: “We share the same goals and the same end-game—or something similar. He’s [Cronje] very good and someone who has a lot of good ideas but pushing the idea to the finish line or maintenance is not his forte and that’s where we can come in and pick up the ball for him.”
“We’re both big proponents of decentralization. At the end of the day the main concern for both of us is the capital efficiency for assets,” he said indicating that both projects want to maximize users’ returns by using just one protocol.
0xMaki also stated that the DEX will be making BentoBox in 2021 – a protocol that will allow SushiSwap users to lend or borrow in a less risky way and will grant them long and short assets. Devs will also be allowed to build on top of the protocol, he continued.
As of now, no one can’t borrow or lend on the SushiSwap platform. “I think we are going to see the future of finance in 2021,” he said.
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