WHAT IS SUSHI?

_{What is SushiSwap (SUSHI)?}

SushiSwap is a fully decentralized decentralized exchange (DEX) or intermediate-free financial center.
Aiming as a single destination for all DeFi (Decentralized Finance) needs.
SushiSwap, you can take direct control of your crypto trades
Simply connect your favorite digital wallet and start swapping cryptocurrencies from over 11,700 pairs. But SushiSwap doesn't just have swaps.

Trade across networks: The recently launched SushixSwap allows you to trade tokens between up to 10 blockchain networks.
And there is an ever-increasing trend of expansion, receiving and increasing returns: going beyond simple trading, you can earn, accumulate returns,
Stream, and unlock on a single platform

Community-Driven Innovation: SushiSwap's products are open-source and designed
In order for the community to participate in the development, holders of the $SUSHI token have the right to vote on major changes.
At the same time, the core development team is still working behind the scenes to keep platform innovation moving forward.

_{Founder/Date Founded:}

SushiSwap was founded by an alias legal entity known as Chef Nomi.
Little is known about Chef Nomi or his drive to split from Uniswap. The project has two other pseudonymous co-founders.
are sushiswap and 0xMaki, also known as Maki, between them. There is a division of functions to deal with the code of SushiSwap,
Product development and business operations not long ago, the de facto ownership of SushiSwap was passed to Sam Bankman-Fried.
CEO of Alameda Research offering FTX derivatives exchange services and Bankman-Fried quantitative trading startup.
It is a famous participant and commentator of the cryptocurrency market, who often appears in interviews with the media.

_{Objective/Use Case:}

The main function of SushiSwap is to become an automated marketer (AMM), which means that it automates the liquidity supply process.
(making it easy to buy and sell cryptocurrencies) between any two cryptocurrencies is akin to a giant vending machine for crypto.
But instead of letting you top it up, other users participate in the hold to earn rewards. This eliminates the need for a traditional order reservation.
This could be prone to issues such as low liquidity, which makes it difficult to buy or sell. SushiSwap's target DeFi traders
And anyone who wants to take advantage of the rise of new crypto projects
By providing liquidity to these project tokens, users can earn rewards.

_{Total supply/Limit or Unlimited:}

TOTAL NUMBER OF COINS IN CIRCULATION: 263,554,192 SUSHI COINS

_{Supply Deflation:}

At the moment, there is no official information from SushiSwap on the mechanisms that will cause the token to decrease in volume (deflationary mechanisms).
But common mechanisms that are commonly used include burning tokens (permanently removed from the system) or decreasing the rate of creation of new tokens.
But SushiSwap's treasury (treasury) is under community management.
The accumulated returns will not be applied arbitrarily, they must be approved by the token holder in a prior vote.

_Source:

‍SushiSwap whitepaper

Sushi.com/blog

Sushi.com/Akademie

CoinMarketCap/SUSHI

github.com/sushiswap

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