SushiSwap
Name
SushiSwap
Summary
SushiSwap is a Decentralized Finance (DeFi) liquidity provision platform that aspires to be Uniswap 2.0.
-It was founded by chef Nomi and 0xMaki.
-Liquidity providers can earn SUSHI tokens by staking Uniswap Liquidity Pool (LP) -tokens in an initial set of available pools.
Rating
Symbol
SUSHI
Overview
SushiSwap (SUSHI) is a market maker that is automated (AMM). AMMs are decentralized exchanges that employ smart contracts to create markets for any given pair of tokens, and they're becoming increasingly popular among cryptocurrency consumers.
SushiSwap debuted in September 2020 as a fork of Uniswap, the AMM that has become synonymous with the decentralized finance (DeFi) movement and the ensuing DeFi token trading boom.
SushiSwap intends to expand the AMM market while also introducing new features not seen on Uniswap, such as higher benefits for network participants via the SUSHI token.
Historical Price Movement (in INR)
Technology
SushiSwap employs a Constant Product Market Maker, which is designed to provide liquidity regardless of the size of the order or the quantity of money in the pool.
SushiSwap aims to reduce the typical hazards of putting money into smart contracts by giving its users more control over their funds. BentoBox is a protocol that tries to create (permissionless) loan marketplaces similar to Uniswap. Anyone can build a pair with BentoBox, which others can borrow or lend against.
Token Allocation
NA
Volume (8th May 2022)
$106,726,060
Total Supply
241775284
Circulating supply
127,244,443.00 SUSHI
Crowd Sales
NA
Funding
NA
Country
Japan
Name of Organization
Sushiswap
Year Incorporated
2020
Registered Address
NA
Dispute Resolution and Governing Law
Japan
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| 0xMaki | Founder | NA | NA |
| Chef Nomi | Founder | NA | NA |
