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Bittime - SushiSwap is one of the world's leading Decentralized Exchanges ( DEX ) that allows users to trade cryptocurrencies without intermediaries. This DEX offers various innovative and attractive features for crypto traders and investors.
Come on, read this article in full to get information about SushiSwap (SUSHI)!
What is SushiSwap (SUSHI)?
SushiSwap is a DEX built on the Ethereum network. This DEX allows users to trade a wide variety of cryptocurrencies, including ERC-20 tokens, BEP-20 tokens, and stablecoin tokens. SushiSwap uses an Automated Market Maker (AMM) model which means that liquidity is provided by users, not by intermediaries.
SushiSwap (SUSHI) Key Products & Features
- SushiSwap Exchange: The ultimate platform for trading a wide variety of cryptocurrencies.
- SushiSwap Onsen: A staking platform that allows users to earn yield on the tokens they provide for liquidity.
- SushiSwap MISO: Initial DEX Offering (IDO) platform that allows new projects to launch their tokens.
- SushiSwap BentoBox: Yield farming aggregator that allows users to optimize their yields.
What is SushiSwap Token (SUSHI)?
SUSHI is the governance token of SushiSwap. SUSHI holders have the right to:
- Voting on governance proposals: SUSHI holders can vote on proposals that will determine the future of SushiSwap.
- Earn protocol fees: SUSHI holders can receive a portion of the fees generated by SushiSwap.
- Participate in SushiBar: SUSHI holders can stake their SUSHI in SushiBar to earn xSUSHI, which can be used to earn yield from various sources.
Tokenomic Token SushiSwap (SUSHI)
- Total Supply: 250,000,000 SUSHI
- Initial Circulating Supply: 120,000,000 SUSHI
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Distribution:
- 60% - Liquidity Providers
- 25% - Team & Advisors
- 15% - Ecosystem Fund
SushiSwap (SUSHI) Fundamental Analysis
- Technology: SushiSwap uses advanced AMM technology to provide efficient and liquid trading.
- Team: The SushiSwap team consists of blockchain and finance experts with extensive experience in the industry.
- Community: SushiSwap has a large and active community supporting the platform.
- Trading Volume: SushiSwap is one of the DEXs with the highest trading volume in the world.
Comparison of SushiSwap (SUSHI) & Competitors
Feature | SushiSwap (SUSHI) | Uniswap (UNI) | PancakeSwap (CAKE) |
Blockchain | Ethereum | Ethereum | Binance Smart Chain |
Total Supply | 250,000,000 | 1,000,000,000 | 750,000,000 |
Market Cap | $500 million | $4 billion | $300 million |
Trading Volume | $1 billion | $10 billion | $2 billion |
Founder of SushiSwap (SUSHI)
- Chef Nomi - Anonymous founder of SushiSwap
- Sam Bankman-Fried - CEO of FTX, one of SushiSwap's early investors
Expert Opinion About SushiSwap (SUSHI)
Many experts believe that SushiSwap (SUSHI) has great potential to become a leader in the DEX market.
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Conclusion
SushiSwap is an innovative DEX that offers various attractive features for crypto traders and investors. With advanced technology, an experienced team, and an active community, SushiSwap has the potential to achieve great success in the future.
How To Buy Crypto With Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What Is Coti (COTI): Blockchain Platform for Global Payments
What is Flux (FLUX): A Powerful and Flexible Blockchain Solution
What are Reserve Rights (RSR): A Secure and Unique Stablecoin
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
significant from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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