Sushi to Participate in Messari Mainnet2024 in New York on October 1st

Sushi is set to participate in the upcoming Messari Mainnet2024 conference in New York on October 1st.

Refer to the official tweet by SUSHI:

SUSHI Info

SushiSwap is a decentralized exchange protocol utilizing the automated market maker (AMM) model. Unlike traditional exchanges, it operates without an order book or any centralized entity, relying instead on smart contracts to facilitate trades.

Transactions on SushiSwap occur within liquidity pools. In these pools, users lock their crypto assets to become liquidity providers (LPs). In return, LPs earn rewards relative to their pool share. The basic premise involves depositing an equivalent amount of two tokens to create a market. Users then trade ERC-20 tokens within these markets. Additionally, SushiSwap offers features like SushiBar, where SUSHI tokens can be staked to earn xSUSHI and subsequently garner a portion of the trading fees. BentoBox, another feature, serves as a multifunctional vault allowing users to earn yields in various ways, including staking and lending.

SUSHI is the native ERC-20 token of the SushiSwap platform. Distributed via liquidity mining to those providing liquidity, it grants holders governance rights over the protocol and a share of the collected fees, effectively making the community the owners of the protocol.