Review on Sushiswap by Özgün A
Sushiswap shook Uniswap's throne
SushiSwap is a replica of UniSwap with a few added features. In liquidity, it switched from Uniswap to Sushi via the Sushiswap exchange.
After a price increase for a while, it experienced a very sharp price decrease. The founder then said that he took the development funds and left the project. Later, with the help of some companies, Sushi's founder returned the funds, especially after they were listed on Binance. So there was chaos for a while.
In this system, liquidity providers earn from transaction fees created in the network. So how much money is the meatballs.
There is a pool where liquidities are collected, everyone is given a share from this pool.
SushiSwap is definitely one of the projects that marks the year 2020. When it first came out, it was astonishing, rising to $ 14, but then it suffered great chaos.
Pros
- Passive income can be made.
- You earn rewards in proportion to your liquidity.
Cons
- He lost his confidence after the chaos.
- Trust in founder 'chief' decreased
