About SushiSwap (SUSHI)
SushiSwap (SUSHI) is a software protocol operating on the Ethereum blockchain that allows users to buy and sell crypto using decentralized trading features. As a decentralized finance (DeFi) platform, SushiSwap relies on smart contracts and liquidity pools to facilitate the decentralized exchange of assets.
SushiSwap users lock crypto assets in liquidity pools, which traders then use to instantly exchange assets through automated market makers (AMMs) without the need for counterparties or a centralized administrator.
Decisions regarding the development of the SushiSwap platform are determined by SUSHI holders, who are able to propose and vote on amendments to the SushiSwap protocol.
The core purpose of the SushiSwap platform is to function as a decentralized alternative to centralized exchanges, and users who provide liquidity to SushiSwap are rewarded with SUSHI tokens. SushiSwap price is updated and available in real-time on Binance.