Sushi is on the brink of introducing Susa, a trailblazing decentralized derivatives platform that operates atop Layer N, a cutting-edge Ethereum Layer 2 solution engineered for lightning-fast transaction processing.
Introducing Layer N’s Nord Engine
Designed to propel the evolution of applications ranging from smart contracts to rollups, Layer N’s Nord Engine is a technological marvel, boasting the capacity to execute transactions in less than a single millisecond.
A Partnership with a Shared Vision
Sushi’s Head Chef, Jared Grey, expressed his enthusiasm about the collaboration with Layer N, noting that aligning with the ethos of decentralized finance (DeFi) and utilizing Layer N’s modular rollup strategy enables “greater capital efficiency and deeper liquidity,” all while harnessing the robust security framework of Ethereum.
Layer N: The Ethereum StateNet
Layer N, often referred to as an “Ethereum StateNet,” is a pioneering network that fosters seamless communication and liquidity sharing across rollup nodes. With its mainnet launch on the horizon this month, Layer N has showcased a remarkable throughput of 20,000 transactions per second (TPS) in trials, with surges hitting an astounding 120,000 TPS.
Garnering Industry Support
The initiative has already caught the attention of notable investors, securing a hefty $5 million in seed funding back in September 2023. The investment round was co-led by the influential Founder’s Fund, which counts Peter Thiel among its founders.