When will sushiswap be launched? (sushiswap official website)

When will sushiswap be launched? When will sushiswap be launched?

What is Sushiswap?

In the introduction of SushiSwap, it is a community-driven decentralized exchange (DEX). SushiSwap is managed, operated, and controlled by the community. Users can earn SUSHI token rewards and Sushi mining incentives through SushiSwap’s liquidity providers. Voting for governance decisions of Sushi is done through Sushi. Everyone can participate.

The goal of SushiSwap is to become the first fully Ethereum-based decentralized exchange. There will be many different projects in the coming months. To make this DeFi product valuable, more prospective, scalable, and transparent, the team will develop a plan: first, deploy the protocol to the Ethereum network; then deploy it to other public chains such as Ethereum, and then integrate them into an open-source blockchain.

Currently, the plan is mainly divided into two aspects:

1. Establish liquidity pools to allow the exchange of tokens or ETH between different assets on Ethereum.

2. Create a new price oracle system for SushiSwap. If there are no issues with the price, Uniswapv2 or SushiSwap.com can be used.

3. Introduce an automated market maker for Sushi, which can be automatically converted to sushiSwap at any time, similar to UniswapV2 or Curve.

sushiswap official website

The sushiSwap official website shows that the project has completed migration and reset. Users can stake and earn SUSHI rewards from the sushi.finance webpage. Additionally, the official also advises users not to use any tokens on other DEXs such as Uniswap. According to previous news, the Sushi community is voting on whether to add liquidity mining functionality to its website and will expand it to the entire Ethereum ecosystem (including BSC and Polygon) in the near future. Currently, the SushiSwap team is collaborating with multiple audit companies to bring greater profits to liquidity providers.