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The two functions that SUSHI has are: entitling holders to governance rights and a portion of the fees paid to the protocol. In a simplified way, SUSHI holders own the protocolll.
Farming SUSHI began on August 29, 2020.
It was forked from Uniswap and created by the pseudonymous Chef Nomi (SushiSwap). Within three days of its announcement, SushiSwap accumulated over 1 billion worth of value locked into the protocol.
As of September 1, 2020, SushiSwap is an unaudited project. [7] [12] and September 3, PeckShield just completed the SushiSwap audit with all identified issues confirmed or fixed.
In December of 2020, SushiSwap announced a merger with yEarn. This follows high profiles collaborations between yEarn and other protocols like COVER Protocol, Pickle Finance, Cream Finance, Akropolis, and others. yEarn is creating an xSushi vault to farm SUSHI, Ether (ETH), YFI, and Wrapped BTC (wBTC). Keep3r Network will add its treasury to SushiSwap. COVER Protocol is adding insurance for SushiSwap liquidity pools through their system of CLAIM tokens and Cream Finance will provide liquidity and add SushiSwap Liquidity pool tokens as collateral for lending.The two functions that SUSHI has are: entitling holders to governance rights and a portion of the fees paid to the protocol. In a simplified way, SUSHI holders own the protocolll.
Farming SUSHI began on August 29, 2020.
It was forked from Uniswap and created by the pseudonymous Chef Nomi (SushiSwap). Within three days of its announcement, SushiSwap accumulated over 1 billion worth of value locked into the protocol.
As of September 1, 2020, SushiSwap is an unaudited project. [7] [12] and September 3, PeckShield just completed the SushiSwap audit with all identified issues confirmed or fixed.
In December of 2020, SushiSwap announced a merger with yEarn. This follows high profiles collaborations between yEarn and other protocols like COVER Protocol, Pickle Finance, Cream Finance, Akropolis, and others. yEarn is creating an xSushi vault to farm SUSHI, Ether (ETH), YFI, and Wrapped BTC (wBTC). Keep3r Network will add its treasury to SushiSwap. COVER Protocol is adding insurance for SushiSwap liquidity pools through their system of CLAIM tokens and Cream Finance will provide liquidity and add SushiSwap Liquidity pool tokens as collateral for lending.The two functions that SUSHI has are: entitling holders to governance rights and a portion of the fees paid to the protocol. In a simplified way, SUSHI holders own the protocolll.
Farming SUSHI began on August 29, 2020.
It was forked from Uniswap and created by the pseudonymous Chef Nomi (SushiSwap). Within three days of its announcement, SushiSwap accumulated over 1 billion worth of value locked into the protocol.
As of September 1, 2020, SushiSwap is an unaudited project. [7] [12] and September 3, PeckShield just completed the SushiSwap audit with all identified issues confirmed or fixed.
In December of 2020, SushiSwap announced a merger with yEarn. This follows high profiles collaborations between yEarn and other protocols like COVER Protocol, Pickle Finance, Cream Finance, Akropolis, and others. yEarn is creating an xSushi vault to farm SUSHI, Ether (ETH), YFI, and Wrapped BTC (wBTC). Keep3r Network will add its treasury to SushiSwap. COVER Protocol is adding insurance for SushiSwap liquidity pools through their system of CLAIM tokens and Cream Finance will provide liquidity and add SushiSwap Liquidity pool tokens as collateral for lending.
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Edited On
May 6, 2022
Reason for edit:
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