Overview
SushiSwap is a decentralized exchange and DeFi platform, originally a fork of Uniswap with an expanded product suite. It launched with a token and community-focused model. It spans trading, lending, and yield.
How It Works
SushiSwap uses the AMM model for swaps and liquidity pools, with SUSHI as its governance token. It expanded into lending and aggregated yield via its ecosystem. Its community and treasury shape governance.
Why It Matters
SushiSwap demonstrated how AMM designs can be forked and extended with community ownership. It pioneered token-incentivized migration and governance. It remains a significant DEX in the ecosystem.
Related Concepts
SushiSwap relates to Uniswap, AMMs, and Liquidity Pools. It connects to Yield Farming and Governance Tokens.