The SUSHI token is a token awarded as a reward for liquidity mining on SushiSwap. There is no KYC system at SushiSwap. Any amount of cryptocurrencies, from the smallest amounts to billions of dollars, can be used on the exchange without any identification. According to the SushiSwap developers, they are themselves "more advanced and more investor friendly Uniswap". It was also released as a hard fork of Uniswap.
It has a market capitalization of 1 billion 350 million USD and is the 77th most valuable cryptocurrency. There are 127,244,443 SUSHIs in circulation, with a total of 235,824,982 SUSHIs. The maximum supply is 250,000,000 SUSHI.
Providing Liquidity to SushiSwap Decentralized Exchange
Liquidity pools work with smart contracts. Two different cryptocurrencies of the same value are collateralized, and the smart contract is accepted and service begins on the exchange. Hackers, like everything else, attack decentralized exchanges (dex) and try to steal information. Providing liquidity to SushiSwap, Trust Wallet, Metamask etc. special wallet is used. We need a wallet not only for liquidity but also for trading on the exchange. Transactions on the exchange take place on the Ethereum network. As with any exchange, there are certain risks in SushiSwap. It is known that Peckshield found two very important opsec problems in its comprehensive audit of the stock market. A series of tests were also conducted by Quantstamp. 10% of every amount of SUSHI produced is used as financing for security and development.
