BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

ThunderCore Collaborates with SushiSwap for Innovation in DeFi Ecosystem

BlockNews Team by BlockNews Team
June 12, 2023
in BUSINESS, CRYPTO, DEFI, FINANCE
Reading Time: 4 mins read
1
SHARES
11
VIEWS
Share on XShare in TelegramShare on Reddit
  • ThunderCore and SushiSwap have collaborated to create a sustainable DeFi ecosystem, focusing on revenue sharing and boosting APRs for liquidity providers.
  • This significant advancement ensures the long-term growth of Total Value Locked (TVL) while increasing demand for ThunderCore’s native token, $TT, via SushiSwap.

ThunderCore and SushiSwap have announced a partnership to promote a long-term DeFi ecosystem, reflecting SushiSwap’s reputation for embracing new business models and ThunderCore’s rapid growth as a layer-1 network focused on blockchain games. 

The ThunderCore and SushiSwap collaboration has the potential to transform the DeFi landscape completely. One of the key initiatives is creating a revenue-sharing model to improve the Annual Percentage Rate (APR) for liquidity providers (LPs).

This significant advancement ensures the long-term growth of Total Value Locked (TVL) while increasing demand for ThunderCore’s native token, $TT, via SushiSwap. A portion of the fees generated by ThunderCore activity via SushiSwap will be used to purchase both $SUSHI and $TT.

These newly acquired tokens will then be distributed as LP rewards, increasing APRs for all participants. This innovative approach ushers in a new era of collaboration, scalability, and a user-centric approach in the DeFi space.

SushiSwap’s Products on ThunderCore

This collaboration will bring ThunderCore a suite of innovative Sushi products, including:

  • Sushi v3 AMM: Sushi’s framework for spinning up and interacting with pools of various types, each with a different fee tier.
  • SushiXSwap: Sushi’s cross-chain swap tool allows quick, trustless swaps between supported chains.
  • Onsen farms: Sushi’s “double reward” farms are for either new projects seeking liquidity or established projects with which Sushi is closely working; these pools payout in two assets rather than one.
  • Furo: Sushi’s token-streaming platform is based on BentoBox, which enables token streaming of any compatible asset to any wallet over any timeframe and the creation of token vestings and cliffs.

ThunderCore is expected to significantly increase in Total Value Locked (TVL) following the integration. This expansion can be attributed to ThunderCore’s large user base and the potential of its native wallet, TT Wallet. Through their proprietary Web3 technology and a gamification strategy that prioritizes entertainment and efficient, cost-effective transactions, the ThunderCore team has demonstrated impressive proficiency in acquiring and retaining new users. 

Setting Out to Transform the DeFi Landscape

ThunderCore and SushiSwap believe a new business model is critical for fostering long-term growth and fueling continuous innovation in the blockchain and DeFi ecosystems.

As a result, in addition to launching the products mentioned above, ThunderCore and SushiSwap are working together to develop a groundbreaking revenue-sharing mechanism to revolutionize the DeFi landscape.

Here’s a rundown of how the upcoming revenue-sharing mechanism will work:

  • ThunderCore and SushiSwap will use a percentage of fees generated by ThunderCore activity via SushiSwap to purchase both $SUSHI and $TT. 
  • ThunderCore and SushiSwap will allocate and distribute these $SUSHI and $TT tokens to LPs as rewards, increasing APRs for everyone. 

As ThunderCore sets its sights on establishing a sustainable DeFi ecosystem with increased TVL, CEO Roger Hsu recognizes the partnership with SushiSwap as critical to this ambitious endeavor. With SushiSwap, both parties hoped to pave the way for a thriving DeFi landscape marked by long-term growth and increased Total Value Locked (TVL).

According to HeadChef, Jared Grey, “We are excited to launch on the ThunderCore chain and join the ThunderCore ecosystem to help ThunderCore further cement its ranking as a top 5 blockchain in terms of DAUs.”

SushiSwap’s collaboration with ThunderCore, which leverages SushiSwap’s innovative expertise, marks a significant milestone in creating a more efficient and inventive DeFi landscape. They are committed to building a sustainable ecosystem to set new industry standards.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: DeFiSushiSwapThunderCore
TweetShareShare
BlockNews Team

BlockNews Team

DON'T MISS THESE! HOT OFF THE PRESS

What is Filecoin? A Full Review of FIL and its Huge Potential in 2025
CRYPTO

What is Filecoin? A Full Review of FIL and its Huge Potential in 2025

September 18, 2025
What Happened in Crypto Today? – September 18: Huge Altcoin News Going Into Q4
CHAINLINK

What Happened in Crypto Today? – September 18: Huge Altcoin News Going Into Q4

September 18, 2025
What Every Crypto Beginner Needs to Know Before Buying Their First Bitcoin
CRYPTO

What Every Crypto Beginner Needs to Know Before Buying Their First Bitcoin

September 18, 2025
First Ever U.S. Based Dogecoin ETF Launch Breaks Volume Records: What You Need to Expect Next
CRYPTO

First Ever U.S. Based Dogecoin ETF Launch Breaks Volume Records: What You Need to Expect Next

September 18, 2025
REX-Ospery XRP ETF Launch Breaks Records: First of Its Kind ETF Paving the Way for More Crypto ETFs
CRYPTO

REX-Ospery XRP ETF Launch Breaks Records: First of Its Kind ETF Paving the Way for More Crypto ETFs

September 18, 2025
FTX FTT Token Rallies 50% Following Strange Activity from SBF X Account
CRYPTO

FTX FTT Token Rallies 50% Following Strange Activity from SBF X Account

September 18, 2025
Load More

Related News

What is Filecoin? A Full Review of FIL and its Huge Potential in 2025

What is Filecoin? A Full Review of FIL and its Huge Potential in 2025

September 18, 2025
What Happened in Crypto Today? – September 18: Huge Altcoin News Going Into Q4

What Happened in Crypto Today? – September 18: Huge Altcoin News Going Into Q4

September 18, 2025
What Every Crypto Beginner Needs to Know Before Buying Their First Bitcoin

What Every Crypto Beginner Needs to Know Before Buying Their First Bitcoin

September 18, 2025
First Ever U.S. Based Dogecoin ETF Launch Breaks Volume Records: What You Need to Expect Next

First Ever U.S. Based Dogecoin ETF Launch Breaks Volume Records: What You Need to Expect Next

September 18, 2025
REX-Ospery XRP ETF Launch Breaks Records: First of Its Kind ETF Paving the Way for More Crypto ETFs

REX-Ospery XRP ETF Launch Breaks Records: First of Its Kind ETF Paving the Way for More Crypto ETFs

September 18, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews