In a groundbreaking collaboration, TheStandard.io is partnering with SushiSwap to introduce SUSHI as a new collateral option in their smart vaults. This integration expands choices for users, increases liquidity, and fosters community engagement. Get ready to explore the future of DeFi with this exciting development!
Here at TheStandard.io, we're always seeking innovative partnerships that add value to our users. That's why we're thrilled to announce our collaboration with SushiSwap. Through this exciting partnership, we're introducing SUSHI, SushiSwap's native token, as a new collateral type within our smart vaults. This addition not only broadens our collateral options but also brings a myriad of benefits to our platform and community.
The integration of SUSHI into our smart vaults offers our users a wider array of collateral options. Alongside established assets like WBTC, ETH, ARB, LINK, GMX, RDNT and PAXG, users can now utilize SUSHI to secure their loans. This diversification empowers users to customize their collateral portfolios to align with their risk profiles and investment strategies.
The inclusion of SUSHI also enhances liquidity and utility within our ecosystem. By adding SUSHI as collateral, we increase liquidity in our platform, providing an additional avenue for borrowing. This heightened liquidity not only benefits our users but also fortifies the overall robustness of our protocol.
Our collaboration with SushiSwap and the integration of SUSHI into our smart vaults drive community growth and engagement. SUSHI holders now have the opportunity to leverage their tokens within TheStandard.io platform, attracting a fresh wave of users to our ecosystem. This surge in community engagement not only enriches our platform but also bolsters the broader DeFi community. Additionally, SushiSwap's prominence as a leading project in the space, with substantial Total Value Locked (TVL), further solidifies this collaboration's significance.
The integration of SUSHI as a new collateral type within our smart vaults marks an exciting milestone for TheStandard.io and our community. By expanding our collateral options, enhancing liquidity and utility, and fostering community growth and engagement, we're dedicated to driving the ecosystem forward. We eagerly anticipate the positive impact this collaboration will have on our platform and community in the days and months ahead.
Start exploring: https://app.thestandard.io/
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