2x the rewards, 2x the fun.
Polygon’s layer-2 solution is really great. It’s Ethereum like you want it to be: fast & cheap.
Last week, we saw Aave arrive with bonus rewards from Polygon & QuickSwap, and now we have SushiSwap joining the party. Here’s the cool thing about SushiSwap’s entry: you can earn both MATIC & SUSHI rewards at the same time!
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The rewards are great, but SushiSwap’s got a lot going on even without them. They recently updated their user experience, and it’s quite good. It has a modern look & feel that’s refreshing among the sea of Uniswap v2 clones (like Polygon-alternative QuickSwap).
But what about those rewards, right? Let’s have a look:
You can see, six pairs of tokens are eligible to earn double-bonus rewards, and getting in on them is pretty standard-defi business:
Use the Matic bridge to move assets to the Polygon network
Connect your wallet to SushiSwap
Swap to obtain the tokens you need (Swap)
Deposit equal amounts of tokens to the liquidity pool (Pool)
Stake the LP tokens (Yield)
Just follow the path in the SushiSwap title bar, and you’ll find your way!
SushiSwap is doing a great job of distinguishing themselves in an increasingly crowded field of defi providers. Their app looks great, and they’re diving head-first into cross-chain, bringing the same Ethereumy-goodness to all the places.
I’ll admit, I wasn’t a fan of SushiSwap when they launched. It felt like just another clone with cute food gimmickiness. I’m coming around, though. I see them expanding into a lot of places where they’re needed and innovating in good ways.
I was excited to see them show up on Harmony, and I’m more excited with the double rewards they’re providing on Polygon. I’m not ready to be a Sushi-superfan, but I’m taking a step in that direction.
This story was originally published on This Crypto Life on May 7, 2021.
Lead image by Mahmoud Fawzy on Unsplash