SushiSwap releases Kashi credit product with one-click leverage
Decentralized exchange SushiSwap has released Kashi, a leveraged one-click loan product. The product is divided into two parts: the Kashi loan and the BentoBox token library. Kashi allows users to buy long/short positions with leverage in one click (up to 2x).
Settlement on one trading pair will not affect other trading pairs and does not cause global settlement risks. Flexible interest rate is adjusted depending on supply and demand. The first batch of leveraged trading pairs supported:
ETH/WBTC
SUSHI/ETH
ETH/UNI
AAVE/ETH
YFI/ETH
LINK/ETH
ETH/COMP
Kashi V2 will be released in a few weeks, when users will be able to create their own token pairs.