We’re happy to announce we now list SushiSwap
📈 Spot trading of SUSHI/USDT live
What is SushiSwap?
This Decentralized Exchange allows users to swap any Ethereum-based crypto tokens.
No middleman. No order book. No intermediary. Unlike traditional Centralized Exchanges which need these features to facilitate trading, SushiSwap’s Automated Market Maker allows for direct, peer-to-peer trading.
Find rare crypto gems. Access liquidity pools. And utilize Decentralized Finance services such as staking, yield farming, lending, and borrowing.
Have you ever wanted a specific trading pair for your favorite tokens? Thanks to SushiSwap’s AMM , you can now use smart contracts to trade, sell, and buy assets like never before.
If you are familiar with cryptocurrencies, then you may have heard of Uniswap. You will feel right at home using SushiSwap if that’s the case! Both of which are AMMs and can be used to enhance your experience with DeFi.
Some of the key features of SushiSwap include:
SushiSwap was started by an individual called Chef Nomi. While they remain anonymous, they have become a prominent figure in the crypto community and have helped revolutionize DeFi!
The SushiSwap token
SUSHI, SushiSwap’s native token, sounds pretty tasty! And once you learn more about its use cases, you’ll be hungry for that sweet, sweet crypto.
Currently, it is used for:
Governance allows you to have a say in how the platform develops over time. This is done on the Sushi Proposal page, where you can vote for or against proposed courses of action.
When staking the SUSHI token, you earn yields that are generated from the swap fees incurred on SushiSwap. This is a great way to incentivize their users to use and stake tokens.
In return, you earn xSUSHI, which acts as a receipt to show your participation. From there, you can pair both tokens with other crypto and add them to liquidity pools for more rewards.
SushiSwap’s market stats: