Sushi Swap SUSHI

Price
$0.00
0%
Market Cap
$0.00
2.19%
Volume 24h
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About

What is SushiSwap?

SushiSwap (SUSHI) is an automated market maker (AMM). These are decentralized exchanges (DEXs) that use smart contracts to create/source any pair of tokens. Sushi was originally forked from Uniswap. While Uniswap is powered almost entirely on Ethereum, SushiSwap has branched out to use a wide variety of blockchains allowing it to achieve lower cost, higher performance, and ultimately a greater amount of versatility as a DEX. The platform makes .3% of each transaction as a fee and uses the token to reward users as a portion of those fees in addition to supporting the governance of the platform. If you want to use SushiSwap, you'll want a DeFi wallet like MetaMask, but note that this is a non-custodial decentralized platform so use it at your own risk. If you just want to partake in the project, buy some SUSHI on Abra.

Who Are the Founders of SushiSwap?

SushiSwap was founded by a somewhat anonymous figure known as Chef Nomi. The project has two other somewhat anonymous co-founders, sushiswap and 0xMaki. Together they handle rolling the rice and bringing together what is regarded as one of the fastest growing DEXs in crypto. Ownership of SushiSwap was transferred to Sam Bankman-Fried, CEO of derivatives exchange FTX and quantitative trading startup Alameda Research.  
 
 

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