SushiSwap launched in August 2020 as a fork of Uniswap, adding features like yield farming and community governance.
What is SushiSwap?
SushiSwap is a decentralized exchange (DEX) with AMM functionality, offering token swaps, liquidity pools, and rewards in SUSHI tokens.
Is sushiswap safe?
SushiSwap is audited, but risks remain, including smart contract exploits and impermanent loss. Use trusted links and avoid phishing sites.
Where to buy sushiswap?
Buy SUSHI tokens on exchanges like Binance, Coinbase, or decentralized platforms (SushiSwap, Uniswap) by swapping ETH or stablecoins.
How to Use SushiSwap?
For Token Swapping: Click on the Swap tab. Ethereum is the default blockchain on the swap interface. You can select your preferred blockchain from the menu dropdown when you tap on the Ethereum logo. There is a dialog box above the swap interface that contains a slide button which you can activate to execute cross-chain transfers. On the swap interface, select your preferred token pair, input the token amount you want to swap and confirm the transaction. For Providing Liquidity: Click on the Pools tab to access thousands of available liquidity pools. Filter options at the top of the page help you locate your preferred liquidity pool (token pair). Click on your preferred pool and select Create Position. Input the amount of tokens you want to add to the pool and confirm the transaction. To Stake Tokens: Click on the Stake tab after obtaining SUSHI tokens by swapping or other means. Input the amount of SUSHI you want to stake and confirm the transaction. You can unstake some or all of your staked tokens by accessing the Unstake section. Others: The Pay tab allows users to make online payments and supports all ERC-20 tokens. In the Buy Crypto tab, you can purchase cryptocurrencies directly through a credit or debit card.