SushiSwap (SUSHI) - Coin of the Week
SUSHI is a cryptocurrency launched in 2022 that is part of the SushiSwap DEX, an AMM (automated market maker) similar to UniSwap, the first decentralized exchange (DEX). SushiSwap DEX was created through a hard fork of the Uniswap code and attracted the first users through a novel method, directly from Uniswap.
History of SUSHI
The SushiSwap project was developed in 2020 by a person or a group of people under the name of Chef Nomi. The founding team copied the open-source code used by Uniswap to develop the base of the project.
SushiSwap then attracted users by promising earnings in the form of SUSHI units, if they blocked funds in Uniswap. Once the code for SushiSwap was developed, the funds were transferred to the main network.
How does SUSHI work
The SushiSwap project was developed in 2020 by a person or a group of people under the name of Chef Nomi. The founding team copied the open-source code used by Uniswap to develop the base of the project.
SushiSwap then attracted users by promising earnings in the form of SUSHI units, if they blocked funds in Uniswap. Once the code for SushiSwap was developed, the funds were transferred to the main network.
SushiSwap Use Case
Providing liquidity by lending your own cryptocurrencies, in exchange for rewards.
Users can exchange and borrow cryptocurrencies. For example, converting the currency USD into ETH.
Community governance in the sense that the voting rights granted by xSUSHI tokens cannot be underestimated and allow the user to vote on certain aspects of the tokens and the exchange.
For more information about SUSHI, you can access the SushiSwap Price page.
Advantages of SushiSwap
Decentralization
Rewards for providing liquidity
Community-based governance
For more information about SUSHI, you can access the SushiSwap Price page.
SUSHI Financial Indicators
Market Cap: 225 million EURO
Latest price: 1 EURO
Transactional volume (24h): 27 million EURO
How to buy SUSHI
You can buy SushiSwap (SUSHI) through multiple Tradesilvania order types using Lei, Euro or USDT.
Create an account on the Tradesilvania platform simply in a few minutes
The first step to use the platform is to create an account. After confirming the account, you must go through an activation process.
Deposit RON or EURO
You can deposit RON or EURO in your digital wallet by Paying with Visa/Mastercard Card, Bank Transfer or cash at SelfPay, Un-doui Centru de Plati and StartPay points.
Buy SushiSwap (SUSHI)
To buy SushiSwap you must access the Trading section. After you place an order, in most cases it is completed instantly.
Note: The SushiSwap price varies over time.
Are you ready to buy SushiSwap - SUSHI to build a crypto portfolio on the Tradesilvania platform?