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SushiSwap ready to Launch Full Product Suite on Harmony

Sushiswap ready to Launch Full Product Suite on Harmony

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Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation. Meanwhile, decentralized exchange (dex) competition continues to swell.

Partnership Expansion Accompanies $4 Million in Incentive Campaigns

On Thursday, Harmony, a proof-of-stake (PoS) blockchain network focused on cross-chain transactability, unveiled a decision to broaden the partnership agreement with Sushi, a community-driven defi platform offering a full stack of decentralized finance services.

After deploying Sushiswap on Harmony back in May, the freshly strengthened collaboration paves the way for Sushi to deploy the remainder of its product suite onto the effective proof-of-stake (EPoS) blockchain.

Sushiswap is the second runner-up in the space with an 11% share of dex trade volume, according to today’s Dune Analytics seven-day stats. The leading dex is Uniswap with 61% of the seven-day volume. Based on the most recent data, while Sushiswap’s seven-day volume is $2,079,972,559, Uniswap is well ahead with $10,793,064,634.

Additionally, up and coming players like Curve and 0x Native are racing to close the gap, with Curve at $1,427,401,281 seven-day volume and Ox showing $1,091,283,123 in seven-day trade volume.

Corresponding with the second anniversary of Harmony’s mainnet launch, the expanded partnership aims to strengthen the protocol’s cross-chain defi capabilities, while leveraging Harmony’s 2-second transaction speeds and low transaction costs.

The Sushi full-stack deployment will be accompanied by two incentive campaigns. This includes a $2 million liquidity mining campaign to encourage yield farming with $1 million of ONE and $1 million 1Sushi token rewards.

Kashi, a lending decentralized app (dapp) built on top of Sushi’s Bento Box, is also natively deploying on Harmony. The lending and margin trading platform will be the destination for another $2 million incentive program that will contain $1 million One and $1 million 1Sushi tokens. Bento Box, a vault for asset deposits, will not be deploying on Harmony. However, the stored assets will be accessible for dapps built on top of it.

Addressing Defi’s Deficiencies

As defi protocols seek to avoid the high costs and low throughput associated with Ethereum, the race is on to deploy on competing networks and solutions.

Sushi operates in an ocean of defi solutions and is far from the only platform making a move to new horizons, echoed by Aave and Curve’s adoption of Polygon. Sushiswap is also on Polygon, highlighting the platform’s rapid adoption.

Polkadot is also attracting defi’s attention as an alternative to the scalability and cost limitations of Ethereum. Acala, which aims to be the Ethereum-compatible defi hub on Polkadot, has seen its own Karura platform win the first parachain auction on Kusama, Polkadot’s canary network, potentially shifting the ultra-competitive defi landscape in yet another direction.

With the costs and difficulties of switching between blockchain networks continuing to fall, it remains to be seen whether Ethereum’s upcoming shift to proof-of-stake will be able to stave off the migration of platforms seeking better conditions elsewhere.

Source Credits: Bitcoin.com

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Users being polite to ChatGPT is costing OpenAI millions — Sam Altman

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OpenAI CEO Sam Altman has revealed that maintaining ChatGPT’s politeness and user-friendly tone isn’t just a matter of programming—it’s costing the company millions of dollars.

Speaking at the recent Economic Club of Washington event, Altman explained that the extra computing power required to make ChatGPT more agreeable and courteous dramatically increases operational expenses. The AI model’s tendency to use more words and softer language contributes to higher processing costs, which scale rapidly with the platform’s massive user base.

“It’s incredibly expensive to be polite,” Altman remarked, noting that this design choice means generating longer responses that require more computational resources. The cost of serving polite and thoughtful replies, rather than short and blunt ones, becomes significant when multiplied by billions of queries.

Despite the financial burden, Altman emphasized that OpenAI remains committed to delivering a positive and helpful user experience. He also addressed growing concerns around the company’s sustainability, admitting that the economics of running advanced AI models continue to pose challenges.

Altman’s comments come amid ongoing debates about AI behavior and ethics, particularly as ChatGPT and similar tools are integrated into customer service, education, and other sectors. Balancing personality, functionality, and cost is emerging as one of the most pressing hurdles in AI deployment at scale.

While OpenAI has yet to implement major changes to ChatGPT’s tone or verbosity, Altman’s remarks suggest that economic considerations could influence how future versions of the model are trained and deployed.

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Bitget detects irregularity in VOXEL-USDT futures, rolls back accounts

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Crypto exchange Bitget has identified unusual trading activity related to the VOXEL/USDT futures pair, prompting immediate action to protect market stability and user interests.

According to Bitget, the anomaly was detected during routine risk monitoring, which revealed what the platform described as “irregular market behavior” associated with VOXEL futures contracts. While the exchange did not elaborate on the exact nature of the irregularities, it took swift action by suspending trading for the affected pair to conduct a thorough investigation.

The move aligns with Bitget’s risk control protocols, which are designed to flag and mitigate suspicious activity, including potential market manipulation or exploits. The exchange emphasized that safeguarding users and ensuring a fair trading environment remains its top priority.

As part of its response, Bitget has also paused deposits and withdrawals of VOXEL tokens temporarily while the investigation is ongoing. The exchange assured users that any potential losses stemming from the incident will be addressed according to its compensation mechanisms, if necessary.

The VOXEL token, native to the Voxie Tactics gaming ecosystem, saw increased trading activity prior to the incident, which may have contributed to the spike in attention from Bitget’s monitoring systems.

Bitget said it will provide updates as the situation develops and encouraged users to remain vigilant against unusual market trends.

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Vitalik Buterin proposes swapping EVM language for RISC-V

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Ethereum co-founder Vitalik Buterin has suggested transitioning the Ethereum Virtual Machine (EVM) to the RISC-V instruction set architecture, aiming to improve compatibility, decentralization, and long-term maintainability.

In a recent blog post, Buterin outlined the challenges of the current EVM design, which relies on a custom stack-based virtual machine language tailored specifically for Ethereum. While this design has served the network for nearly a decade, it poses limitations in terms of compatibility with mainstream hardware and programming languages.

Buterin argues that adopting RISC-V, an open standard instruction set used widely in academic and industry settings, could open the door to a broader ecosystem of tooling, better performance, and greater accessibility for developers. Unlike proprietary architectures such as x86 or ARM, RISC-V is open-source and freely available, aligning well with Ethereum’s principles.

One key advantage of moving to RISC-V, according to Buterin, is the potential to reduce reliance on niche infrastructure, allowing Ethereum nodes to operate more efficiently on a wider range of hardware. He also emphasized the opportunity to future-proof the protocol, as newer programming tools and compilers could be leveraged more effectively under a RISC-V-based environment.

However, Buterin acknowledged that the transition would not be simple. Such a shift would require broad coordination among Ethereum developers and could introduce compatibility risks for smart contracts already deployed on the network. As a result, he floated the idea of implementing the change in a future Ethereum execution layer or a separate zk-EVM rollup that embraces RISC-V from the ground up.

The proposal has sparked early discussions within the Ethereum developer community, with some viewing it as a long-term vision for the network’s evolution. While no timeline has been set, Buterin’s post invites further exploration of the idea and sets the stage for future debate on Ethereum’s technical foundations.

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