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Steer Protocol Partners with Sushi for Enhanced Liquidity: Smart Pools Integration
Decentralized finance (DeFi) network Steer Protocol has teamed up with Sushi to integrate its innovative Smart Pools into the ecosystem.
According to the announcement, the collaboration aims to revolutionize liquidity management and provide a seamless experience for Liquidity Providers (LPs) within Sushi’s Concentrated Liquidity Pools.
Smart Pools Now Fully Integrated into Sushi
The DeFi ecosystem heavily relies on LPs, yet the challenges they face in generating yield are undeniable. However, Steer Protocol has introduced its Smart Pools, an Automated Liquidity Management (ALM) solution to address these challenges.
Sushi announced on November 9 that it has successfully added the Smart Pools directly into its user interface (UI) to offer LP providers the opportunity to enhance their capital efficiency with v3 Concentrated Liquidity pools without the need for active liquidity management.
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