SushiSwap launches centralized liquidity rewards on Arbitrum network.

On June 16th, decentralized exchange platform SushiSwap launched centralized liquidity (CL) rewards on the Arbitrum network, according to BlockBeats news. Sushi utilizes Merkl, developed by the Angle protocol, to provide a reward solution for liquidity providers. Users can claim rewards with just one click by providing liquidity, without the need for collateral. Currently, rewards can only be claimed on the Polygon, Optimism, and Arbitrum One networks. In addition, Merkl analyzes pool swaps and calculates reward scores for each position based on factors such as trading volume and provided liquidity. This weighted score ensures fairness and consistency with each LP's contribution to the rewards.