What is sushiswap (sushi)?

(SUSHI) SushiSwap is a software running on Ethereum that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto assets . Similar to platforms like Uniswap and Balancer, SushiSwap uses a collection of liquidity pools to achieve this goal.

What happened to sushiswap?

One such competitive platform that managed to take the spotlight from the market’s brightest projects is SushiSwap. Although it started out plain and simple, introducing only a new interface and a farmable governance token, SushiSwap gained millions of dollars only hours after launching its yield farming platform.

Who is behind the sushiswap app?

SushiSwap is run by Chef Nomi, and it is unclear whether it is a person or a group of developers, similar to Satoshi Nakamoto’s case. Other people involved in SushiSwap are known as “SushiSwap” and “0xMaki”.

How does sushiswap report prices?

To report prices, SushiSwap utilizes a number of decentralized oracles. The list includes the SushiSwap TWAP oracle, Compound’s Open Price feed oracle, and oracles created by Chainlink. Moreover, arbitrageurs also play a part in ‘delivering’ accurate prices by minimizing price differences on all trading pairs.