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<h2 id="header-0">Leading decentralized finance (DeFi) application Sushi will phase out two products as part of wider plans to make the protocol more sustainable and profitable.</h2>In a tweet thread last week, chief technology officer Matthew Lilley stated that two products - the Kashi lending platform and MISO, a launchpad for external tokens - would be discontinued due to low public interest.Lilley added, "we decided to phase down Kashi (Sushi Lending) and Miso (Sushi Launch Pad)." He further noted that yet-unnamed "successors" to these products could be released in the future provided <a href="https://www.coingabbar.com/en/crypto-currency/sushi-sushi-prices-usd" rel="noopener noreferrer nofollow">Sushi</a> has the necessary resources to support its operations.Lilley stated that Sushi developers would focus more on the protocol's decentralized exchange (DEX) product. “In Q3/Q4, it became clear that there was a strong need to prioritize, and we opted to focus on ideas to improve our most popular and profitable product, SushiSwap,” he explained.As per DeFiLlama statistics, SushiSwap, the DEX, has approximately $390 million in locked token value as of Tuesday. Some $280 million of that is tied to Ethereum-based assets.In contrast, Kashi has just more than $800,000 in locked assets, indicating a lack of demand for the lending product. It accumulated approximately $40 million at its peak in 2021 but has subsequently suffered significant outflows.2022 was a tough year for crypto lenders, with centralized companies like Celsius Network and Voyager Digital declaring bankruptcy after heavily relied-upon DeFi profits dried up.Since December, Sushi developers have been suggesting and implementing improvements to the protocol to ensure its long-term operational viability.As per local media outlets, the Sushi treasury only provided for 18 months of runway computed from the first week of December, resulting in a massive deficit in its treasury. Kanpai, a fee-diversion protocol, was set to 100% of fees diverted to the treasury multisig for one year, or until new token distribution and reward systems were established, according to lead developer <a href="https://www.coingabbar.com/en/crypto-currency-news/new-tokenomics-for-sushi-by-jared-grey-amid-liquidity-crisis" rel="noopener noreferrer nofollow">Jared Gray</a>.On Dec. 30, Gray suggested a token buyback, fee burns, and rewards plan to the Sushi community. As of Tuesday, the plan is still being discussed.Read also: <a href="https://www.coingabbar.com/en/crypto-currency-news/bitcoin-turns-14-today-what-to-expect" rel="noopener noreferrer nofollow">Bitcoin Turns 14 Today | What to Expect?</a>

Sushi to Shut Lending Product to Focus on DEX

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