What is coin circle unlocking (coin circle sushi)
What is coin circle unlocking? It is a way of trading through digital currency. Specifically, it can be divided into three types: the first type is the high cost of “legal compensation”; The second type is speculative, generally referring to individuals holding a certain amount of virtual currency in their investment portfolio who will receive returns. Both of these situations belong to intangible assets. However, due to the instability and high volatility of the digital currency market, many investors are unable to participate in the investment of digital currencies. Therefore, Bitcoin is known as a new source of wealth, and with the continuous development of the encryption market, people are gradually beginning to have more expectations for its value. And this seemingly simple form of investment also brings some problems, such as investors worrying that rising prices will lead to a large outflow of funds, leading to losses, and so on
Coin Circle sushi
Editor’s Note: This article is from Fengchao Caijing News (ID: fengchao caijing), authored by Kyle, and reprinted by Daily Planet with authorization ChefNomi, the founder of the Sushi project, has become one of the internet celebrities in the coin circle. After being widely sought after and welcomed in the community, he has become the “king of the coin circle”. According to the official tweet released by Sushi Swap, the total market value of Sushi tokens has exceeded 2 billion US dollars, accounting for approximately 2% of the crypto market circulation; Its token price has also exceeded $1 Sushi is an innovative project launched by Uniswap. The initial code for this project is 0x0000000000000, etc. However, due to compliance issues, the team did not proceed with the development work. The emergence of SUSHI has led many people to doubt this project, believing that it may be a scam, pyramid scheme, or something else. So what exactly is the reason for these controversies? Firstly, Uniswap is a decentralized autonomous platform that allows anyone to issue their own governance tokens to participate in the development of protocols and manage various assets and operational behaviors through smart contracts Unlike other decentralized trading platforms similar to Uniswap, both platforms use Uniswap’s native TokenUNI Although these tokens are not UNI but SUSHI, SUShi does not operate entirely according to the previously designed Uniswap products In fact, Uniswap adopts a pattern similar to MakerDAO. The way it provides all liquidity to flow pool providers is called LP mining, which means that the rewards for each block are a fixed number of SUSHI SUSHI is a forked currency of Uniswap. The reason why Uniswap has received so much attention is because it has introduced some new features. For example, in UniswapV3, all transaction fees are automatically allocated to all users. This means that when you have enough ETH to purchase SUSHI, you can deposit your ETH in a stable vault to obtain SUSHI, or exchange USDT equivalents for other tokens The working capital pool in Uniswapv2 typically requires a certain percentage of transaction fees (i.e. fees incurred per transaction) to be paid. Decentralized exchanges like Uniswap do not charge transaction fees, but instead regularly inject tokens into the account balance of liquidity providers as rewards (for example, if you withdraw 100 UNIs per day, you may find that the value of this transaction is close to $2 million or even more) to encourage liquidity holders. In addition, the price of SUSHI has been on the rise for the past year or so Sushi officially launched Uniswap on August 18, 2020, followed by a round of lockdown mining in November. According to the latest news, UniswapV3 will release a beta version in early December.
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