SushiSwap is a decentralized exchange (DEX) platform that lets users link their cryptocurrency wallet and trade different virtual currencies. Sushi is regarded as the safest cryptocurrency with governance rights, enabling holders of SUSHI tokens to decide how the platform will evolve and be developed in the future.
Company Details:
- Founder: Chef Nomi
- Founded: March 2020
- Headquarters: Tokyo, Japan
Key Features:
- It has its native coin, SHUSHI, that is utilized for staking and rewarding liquidity providers.
- Users who contribute liquidity to trading pairs can receive rewards in the form of SUSHI tokens and transaction fees.
- Users can deposit tokens and generate yield using a variety of tactics in its Bento Box vault.
- Maintains a competitive standard charge of 0.3% each trade in the DEX market.
- Its user-friendly design simplifies complex cryptocurrency principles, making them accessible to both new and seasoned traders.