$SUSHI

Sushiswap’s core competitiveness lies in its construction based on the Automatic Market Maker (AMM) protocol. This mechanism uses smart contract technology to realize cryptocurrency transactions without the intervention of a central agency, greatly promoting the convenience and decentralization of transactions. . In order to further enhance user experience and platform attractiveness, Sushiswap has significantly optimized its functions, especially the introduction of yield farming and an enhanced reward mechanism. These measures effectively motivate users to actively participate in liquidity provision. , making important contributions to the platform’s trading depth and liquidity.

As of the second quarter of 2021, Sushiswap's total value locked (TVL) reached approximately $4 billion. This figure not only demonstrates its strong strength in the decentralized exchange (DEX) field, but also puts it right behind Uniswap , becoming one of the most important DEX platforms in the market.

At the token level, SUSHI tokens, as ERC-20 standard tokens on the Ethereum blockchain, play multiple roles and incorporate rich incentive mechanisms. Specifically, SUSHI tokens are mainly used for staking, and users can obtain rewards provided by the platform through staking. In order to encourage liquidity provision, Sushiswap has set a fixed mechanism to allocate 4 million SUSHI to the liquidity pool every week, while the development team retains a 10% share of the total issuance to ensure the continued development and maintenance of the project. This design not only enhances the practicality and attractiveness of SUSHI tokens, but also lays a solid foundation for the long-term development of the platform.