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Learning & News => News related to Crypto => Topic started by: Lenipiw on September 06, 2020, 08:03:10 PM

Title: SushiSwap Moved Up Its Massive Liquidity Withdrawal From Uniswap to This Weekend
Post by: Lenipiw on September 06, 2020, 08:03:10 PM

SushiSwap, the automated market maker aiming to unseat market leader Uniswap, has moved up its launch by five days.

Because of SushiSwap, total value in assets locked on Uniswap have gone up by just under $1.5 billion since the SushiSwap contract went into effect at block 10750000 on Aug. 28, according to DeFi Pulse, making Uniswap the largest holder of Ethereum assets in DeFi right now.

Both Uniswap and Sushiswap are designed to always have a price at which they will swap any two tokens they have in liquidity pools.
Visit here: https://www.coindesk.com/sushiswap-uniswap-launch

Title: Re: SushiSwap Moved Up Its Massive Liquidity Withdrawal From Uniswap to This Weekend
Post by: highnayem34 on September 08, 2020, 02:19:34 PM

Uniswap is built without a governance token; it is instead a venture backed company. Liquidity providers (LPs) are rewarded by sharing the 0.3% fee on all trades within pools they have submitted liquidity too.