SushiSwap (SUSHI)
A Liquidity Provision Platform with SUSHI Tokenomics.- SushiSwap is a Decentralized Finance (DeFi) liquidity provision platform that aims to be an evolution of Uniswap.
- Initially, to encourage liquidity provision, liquidity providers can earn SUSHI tokens by staking Uniswap Liquidity Pool (LP) tokens in an initial set of available pools.
- Once token swaps are enabled, 0.25% of all trading fees in any pool are proportionately distributed to active liquidity providers, while 0.05% get converted back to SUSHI (through SushiSwap) and distributed to SUSHI token holders.
- Staking SUSHI-ETH LP tokens on the SushiSwap platform also accords stakers SUSHIPOWAH, which are voting rights that allows SUSHI token holders to vote on governance proposals to shape the SushiSwap platform.