The winding down of SushiSwap support on HAQQ Network’s L1 signifies its shift toward Haqq Ethiq L2. However, HAQQ L1 will continue its operations as a permissionless and open chain. Even then, the SushiSwap swap and liquidity routing will not remain available following the cutoff date.
As a result, the HAQQ L1-based liquidity providers need to remove LP positions from the pools before they eventually stop functioning for pricing, trading, and other such activities via SushiSwap. HAQQ has also assured the consumers that their funds are safe on-chain, while timely extraction is advised to avoid last-minute complications or congestion. This step underscores a systematic evolution in the lifecycle of the network, letting HAQQ concentrate economic activity and liquidity in relatively efficient and scalable infrastructure.
According to HAQQ Network, by focusing on the next-gen Haqq Ethiq L2, it is ready to enable the seamless tradability, composability, and listability of assets across liquidity venues and AMMs. The development is anticipated to deliver rapid execution, decrease fees, and an inclusive consumer experience. Ultimately, with the respective transition, HAQQ is elevating its position to deliver a relatively user-centered, scalable, and more efficient blockchain environment.
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Author: NixCoin
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