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The CTO of SushiSwap explains why the project won’t be scaling on Optimism anytime...

source-logo  thecoinrepublic.com 12 August 2021 16:01, UTC
  • According to Joseph Delong, rival DEX Uniswap received preferential treatment from L2 solutions suppliers.
  • SushiSwap was also hoping to be added to this whitelist, but it was not granted
  • In mid-July, Uniswap launched its version 3 protocol on Optimism, with protocol creator Hayden Adams

According to Joseph Delong, rival DEX Uniswap received preferential treatment from L2 solutions suppliers. The SushiSwap decentralized exchange’s chief technology officer has explained why the protocol is no longer interested in scaling with Optimistic Ethereum’s layer two solutions. 

Last year, the layer two solutions provider O whitelisted several projects, including Uniswap and Synthetix, giving them priority access to its platform while it was being developed.

Permission not granted to SushiSwap to join the whitelist

SushiSwap was likewise eager to join this whitelist, but it was not granted, forcing the company to postpone any further development. 

Contract deployments to the Optimistic Ethereum mainnet are currently restricted by a whitelist, according to Optimism’s official documentation.

SushiSwap CTO Joseph Delong noted in a thread on August 11 titled Why Sushi Isn’t Coming to Optimism that being denied whitelisting suggests the protocol isn’t ready to deploy on the layer-two scaling platform yet. After Sushiswap deployed the scaling solution to testnet and attempted to negotiate with Optimism leadership, he cited non-preferential treatment as the reason.

He went on to say that after a long conversation and a lot of dancing around, they had to question whether SushiSwap, which was created as a clone of Uniswap in late August 2020, would be treated equally on deployment. 

That’s when the team made it clear that Uniswap would have to go first. We were essentially locked out of deployment until Uniswap.

The protocol is taking a wait-and-see approach, preferring what he refers to as credibly neutral platforms, such as Arbitrum, a provider of alternative layer two solutions that purportedly whitelists any project that asks it. He went on to say that he hoped the Sushi community wouldp back him up, and he urged other projects to do the same until Optimism makes a real attempt at neutrality as an operator.

The new version of UniSwap is launched in mid- July

In mid-July, Uniswap launched its version 3 protocol on Optimism, with protocol founder Hayden Adams claiming that the ultimate goal was to address the demand for low-cost, high-speed DEX trading.

O uses optimistic rollups, which rely on the data being published on the blockchain, presuming it is already valid, and allowing for a challenging period. Users can submit fraud proofs during this time to indicate that the data is inaccurate, starting a dispute that should result in the data being corrected.

Sushi’s rejection in favor of Uniswap and others was disappointing, according to Ethereum influencer Anthony Sassano, who stated that he was only long-term bullish on credibly neutral and permissionless platforms, before adding: There’s no place in this ecosystem for walled gardens — I hope the Optimism team rectifies this.

Hayden Adams, the founder of Uniswap, then jumped in to defend his decision to deploy to his DEX before SushiSwap. He claimed it was manufactured fury on Twitter. It’s not true that everything is a plot. I don’t understand why finishing planned releases before taking on additional ones is a problem.

Optimistic Ethereum defended its position and the whitelisting procedure, saying, they are whitelisting projects as soon as we can while still maintaining the safety of an alpha system. Because they engaged with us 1.5 years ago, much before Sushiswap, Uniswap launched ahead of Sushiswap. There are no favorites when it comes to first in, first out.

Other DeFi protocols and exchanges, such as Synthetix, which has already been whitelisted, have already deployed on O, allowing their customers to experience high-speed, low-cost layer two transactions. SushiSwap users, on the other hand, may have to wait a little longer.

thecoinrepublic.com