About Sushi

SushiSwap is an Automated Market Maker (AMM) that enables decentralized cryptocurrency trading through liquidity pools rather than traditional order books. There are two main types of users: Swappers and Liquidity Providers (LPs). Here’s how it works:

• Swappers/ Traders - These users want to exchange one cryptocurrency for another. Each time a swapper makes a trade, they pay a 0.3% transaction fee.
• Liquidity Providers (LPs) - LPs are users who supply assets to SushiSwap’s liquidity pools, enabling the AMM to facilitate trades. In return, LPs earn a portion of the trading fees—specifically, 0.25% of the 0.3% fee collected from each swap, distributed among LPs based on their contribution. The remaining 0.05% of the fee goes to $SUSHI token holders who have staked their tokens to earn $xSUSHI, rewarding them for supporting the platform.

In summary, swappers pay a fee to trade, LPs earn fees for providing this liquidity, and $SUSHI holders earn rewards by staking. This structure incentivizes LPs to maintain liquidity in the pools and encourages $SUSHI holders to stay engaged, creating a sustainable and mutually beneficial ecosystem for everyone involved..

SushiSwap is an Automated Market Maker (AMM) that enables decentralized cryptocurrency trading through liquidity pools rather than traditional order books. There are two main types of users: Swappers and Liquidity Providers (LPs). Here’s how it works:

• Swappers/ Traders - These users want to exchange one cryptocurrency for another. Each time a swapper makes a trade, they pay a 0.3% transaction fee.
• Liquidity Providers (LPs) - LPs are users who supply assets to SushiSwap’s liquidity pools, enabling the AMM to facilitate trades. In return, LPs earn a portion of the trading fees—specifically, 0.25% of the 0.3% fee collected from each swap, distributed among LPs based on their contribution. The remaining 0.05% of the fee goes to $SUSHI token holders who have staked their tokens to earn $xSUSHI, rewarding them for supporting the platform.

In summary, swappers pay a fee to trade, LPs earn fees for providing this liquidity, and $SUSHI holders earn rewards by staking. This structure incentivizes LPs to maintain liquidity in the pools and encourages $SUSHI holders to stay engaged, creating a sustainable and mutually beneficial ecosystem for everyone involved..