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Sushi Labs acquisition Decentralized Finance infrastructure company Shipyard Software
Wu learned that Sushi Labs announced the acquisition of Shipyard Software, a Decentralized Finance infrastructure company. Shipyard founder Mark Lurie (co-founder and Decentralized Finance leader) and AMM research pioneer Abe Othman will join Sushi Labs as advisors. This acquisition aims to address key challenges in Decentralized Finance, including reducing Impermanent Loss, optimizing Liquidity supply, and improving cross-chain transaction efficiency.