Cryptocurrency
Crypto - What is SushiSwap?
Decrypt: [1]
- SushiSwap is a popular Ethereum-based decentralized exchange (DEX) that allows users to swap tokens, earn rewards via yield farming, and more.
- It was forked from leading DEX Uniswap, which it initially drained liquidity from via a process called “vampire mining.”
Sushi Docs: [2]
- SushiSwap is a decentralized exchange (DEX).
- It is non-custodial: unlike centralized exchanges, it does not need to possess your tokens in order for you to be able to trade them.
- SushiSwap allows users to trade trustlessly, peer-to-peer, with liquidity that is supplied by other users.
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