What is sushi3s? (What is sushi currency?)
What is sushi3s? According to official sources, Sushiswap\’s native token is \”SUS
What is sushi3s? According to official sources, Sushiswap’s native token is “SUSHI”, with a trading volume of $400 million on Uniswap. According to the sushi website, the current circulation of SUSHI is approximately 1 billion, with 40% allocated to liquidity providers, 30% for rewarding LP staking users (with liquidity over $10 million), and 10% distributed to community members (locked for one year). sushi3s is a token developed based on the Ethereum ERC-20 standard, mainly categorized as governance tokens and protocol tokens within DeFi projects.
What is sushi currency?
Editor’s note: This article is from Bitcoin Information (ID: bitcoin8btc), written by Kyle and authorized for publication on Planet Daily.The founder of decentralized exchange Sushiswap, ChefNomi, has tweeted: “If I could tell you that this project is a scam, then I wouldn’t be qualified to participate in governance. In the last 24 hours, I have received over 63,000 SUSHI token airdrops.” It was previously reported that Sushiswap would distribute tokens worth $15 million to Uniswap users through a fork and promised to provide liquidity in exchange for Sushi rewards.”I believe this is not just a mistake,” ChefNomi said, “we are building a completely decentralized platform for DeFi. I hope this can not only improve liquidity and trading volume efficiency but also reduce transaction fees. Therefore, I want people interested in DeFi to understand what DEX is and how they work. I know it has two major reasons, first is its anonymity.” The second question is, I don’t know what impact Sushi will bring. I do want to know the reasons behind it, but I don’t want to reveal too much. So I want to ask for my opinion, why? Because I think this is a very important research. I believe Sushi is a new decentralized protocol. It is driven by smart contracts, verifiable computation, and managed by decentralized autonomous organizations (DAO) with the purpose of giving control to people. However, it needs a new model to operate—it is not constructed or operated by developers like Uniswap. I believe this will change everything, especially when it becomes the underlying technology of Web3.0. I expect these things to happen in the next few years.” I also want to share some knowledge about Sushi.Sushiswap founder ChefNomi stated that he plans to use his influence to attract cryptocurrency companies willing to use the project and hopes to gain returns from it. (CoinGape)Although he doesn’t like this term, some people feel that he is more inclined to adopt Sushiswap’s protocol, such as Compound and Aave.fi, while others see it as a potential competitor to Bitcoin. He said, “This is why I do this, and I am happy to see it succeed now,” he added, “We have been working hard to find ways to address this.”
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