SUSHI
No. 223Price
Markets
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- Coin Introduction
1. Project introduction
SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. In addition to DEX, SushiSwap involves a collection of governance, operations and reward contracts that help grow the SushiSwap ecosystem and utilization. By isolating lending pairs, anyone can create a new pair similar to how anyone can create a SushiSwap pair. Some lending markets will be very stable and safe, others not so much if they include highly volatile assets with low liquidity. Because these are isolated pools, risk is limited to individual pools and interest rates will reflect that risk. Higher risk pools will attract less suppliers, pushing up the interest rate.With SushiSwap, one can also provide some liquidity into a pool and earn rewards in the form of SUSHI tokens. However, unlike Uniswap, those SUSHI tokens will also entitle you to continue to earn a portion of the protocol’s fee, accumulated in SUSHI, even if you decide to no longer participate in the liquidity provision. As an early adopter to help provider liquidity, you become a significant stakeholder of the protocol.
2. Investment institution
Lightspeed, Spartan, Dragonfly Capital, Polychain, Blockchain.com, Pantera Capital, 3AC, DeFiance, Parafi, Hashed, Multicoin Capital, Coinfund, CMS Holding
3. Distribution
The SUSHI token is being launched via a ~2 week liquidity mining phase, using the increasingly popular "fair launch" model; no pre-sale, no VC allocation, and open access for everyone. Anyone can mine SUSHI by staking Uniswap LP tokens on SushiSwap.
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