SUSHI
SushiSwapUSD 0.761278
as of 2024-10-15 16:40:02 UTC
What
What is SushiSwap (SUSHI)?
SushiSwap (SUSHI) is a decentralized finance (DeFi) token and protocol built on the Ethereum blockchain. It is a fork of the popular Uniswap protocol and is used as a governance token for the SushiSwap decentralized exchange (DEX). SUSHI holders can vote on proposals to improve the protocol and can earn rewards for providing liquidity to the exchange. SUSHI's price is determined by supply and demand on the open market, like other cryptocurrencies.
Why
Why was SushiSwap (SUSHI) invented?
SushiSwap (SUSHI) was invented as a fork of Uniswap, with the goal of creating a community-driven decentralized exchange (DEX) and to provide an alternative to centralized exchanges. The idea behind SushiSwap is to give users more control over the exchange by allowing them to vote on proposals to improve the protocol and earn rewards for providing liquidity. SushiSwap also aims to provide a more sustainable liquidity mining model than its predecessor, Uniswap, by distributing rewards for liquidity provision more fairly among all liquidity providers, not just the largest ones.
Who
Who created SushiSwap (SUSHI)?
SushiSwap (SUSHI) is a decentralized cryptocurrency exchange built on the Ethereum blockchain, and it was created by a team of developers led by a pseudonymous person or group called "Chef Nomi" in August 2020.
The original team members of SushiSwap included Chef Nomi, 0xMaki, and a few others who remained anonymous. However, Chef Nomi later handed over the control of the project to 0xMaki and stepped down from the project.
Since then, the development of SushiSwap has been carried out by a decentralized community of developers and contributors, with 0xMaki as the de facto leader.
When
When was SushiSwap (SUSHI) launched?
2020-09-04
Where
Where can you buy/invest in SushiSwap (SUSHI)?