Knowledge Card: Liquidity Mining
In 2020, SushiSwap used SUSHI rewards to attract Uniswap liquidity providers to move their liquidity over. This practice is often called a “vampire attack.”
You also have to pay gas fees or incur slippage when withdrawing liquidity, and frequently switching pools can eat into your returns.
$SUSHI is SushiSwap’s token. SushiSwap got its start in 2020 through liquidity mining.
#SUSHI
This is a personal opinion, not specific buying or selling advice.
In 2020, SushiSwap used SUSHI rewards to attract Uniswap liquidity providers to move their liquidity over. This practice is often called a “vampire attack.”
You also have to pay gas fees or incur slippage when withdrawing liquidity, and frequently switching pools can eat into your returns.
$SUSHI is SushiSwap’s token. SushiSwap got its start in 2020 through liquidity mining.
#SUSHI
This is a personal opinion, not specific buying or selling advice.