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Sushiswap

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Decentralized finance for the future

SushiSwap a decentralized finance project claimed to be the evolution of Uniswap. The project is powered by its own SUSHI token that acts as the incentive and governance token for the protocol. SushiSwap’s protocol promises to align incentives for network participants by introducing revenue-sharing & network effect with the auto-market making.

SushiSwap is claimed to be the next step forward of the Uniswap protocol design: an evolution. Sushi takes Uniswap’s core design and adds new community-oriented features to improve the design of the protocol, as well as add other benefits in order to encourage users to use the platform. It was launched in 2020 by an anonymous developer and then become a community-based project.

Categories

Cryptocurrencies

Location

, Global

Year founded

2020