The #SUSHI token is an interesting cryptocurrency that has been attracting a lot of attention lately.
The SUSHI #token was created in 2020 by Uniswap Labs, a team of developers committed to creating a more efficient and secure decentralized #exchange .
💰 The value of the SUSHI token has skyrocketed since its launch, reaching an all-time high of over $25 in April 2021.
This surge in value was largely driven by increased demand for #DeFi (decentralized finance) products.
Besides being used as collateral to make markets on Uniswap, SUSHI tokens can also be used for staking.
Stakes allow users to be rewarded for providing liquidity to the platform and ensure that there will always be enough liquidity on Uniswap.
This makes the platform more attractive to traders looking for a reliable source of liquidity.