Hello everyone, I am Eleven. Let’s get to know each other every day. Today we’ll talk about SUSHI coins. If you are also interested in SUSHI coins, then take a look below with Eleven!
What is SUSHI?
SUSHI, the native token of SushiSwap, is an ERC-20 token issued to liquidity providers through liquidity mining in SushiSwap. The supply of SUSHI tokens is capped at 250 million, and the supply is determined by the block output rate. As of November 2021, the output rate of each block is 100 tokens, and the circulating supply has reached 127 million tokens, accounting for approximately 50% of the total supply.
Looking at the picture above, we can see that today’s SUSHI coin price increased by +51.46% in 24 hours, the 24-hour trading volume was 441 million, and the 24-hour trading volume was 4.014 billion.
As the future star of decentralized exchanges, SUSHI coin undoubtedly has huge potential. With the successful model of Uniswap and the innovative upgrade of Sushiswap, SUSHI currency will bring new opportunities to investors. In the future competition of decentralized exchanges, SUSHI coin will have the opportunity to become the market leader.
The main functions of SUSHI coin include:
By using blockchain technology, SUSHI Coin can store records of transactions on a distributed ledger, thereby preventing tampering and fraud.
SUSHI coins can reduce transaction costs by reducing transaction links, thereby providing participants with more competitive prices.
By adopting advanced blockchain technology, SUSHI coins can achieve fast transactions and improve the efficiency of financial markets.
SUSHI Coin's public distributed ledger can provide real-time financial information to help participants make more informed investment decisions.
Eleven believes that SUSHI coin, as a decentralized cryptocurrency, also provides a new solution for financial transactions.
If you have any questions, you can ask me directly. As long as Shiyi knows anything, I will tell you everything!
