Hey forum let's discuss sushi swap.
Are you a fan of typical Japanese food? Sushi? Come on, admit it?
In crypto, there is a DEX called SUSHI SWAP, its rival is Uniswap.
Let's discuss it, before we digress any further,
SushiSwap is an Ethereum-based decentralized exchange that allows users to exchange various tokens, as well as engage in other financial services. It has no centralized authority or intermediary. Sushiswap was launched in 2020 and works on the Ethereum network with ERC-20 tokens.
Instead, it relies on smart contracts or codes that automate processes and liquidity provided by other users to complete trades.
SushiSwap is similar to $UNI , which also runs on Ethereum, as well as Binance Smart Chain-based PancakeSwap.
is built on an automated market maker (AMM) system that uses the aforementioned smart contracts to complete transactions. Tokens are provided by other users through liquidity pools.