What is SushiSwap (SUSHI)?
Comparable to other platforms like Uniswap and Balancer, SushiSwap is a software that runs on Ethereum and encourages a network of users to operate the platform for the buying and selling (swapping) of crypto assets. Instead of a centralized exchange, SushiSwap users decentralized liquidity pools to first lock users’ assets into smart contracts and then let traders buy and sell cryptocurrencies from these pools “swapping” one for the other.
The benefit of this is that there is no need for a central operator. All decisions related to the SushiSwap experience are made by holders of the native cryptocurrency, SUSHI. Anyone that holds SUSHI can vote on and suggest new changes to how the platform operates. Not much is known about the creator of SushiSwap except for their pseudo names, Chef Nomi, Sushiswap, and 0xMaki.
How to earn interest on SUSHI token
Step 1: To deposit SUSHI, first sign-in to YouHodler (iOS, Android, and Web version available)
Step 2: Then, deposit SUSHI into your personal wallet.
Step 3. Watch as your SUSHI earns compounding interest (earnings calculated every four hours).
Step 4: Get paid! Weekly payments come every seven days
It’s never been easier (or safer) to earn SUSHI
There are numerous platforms to earn interest on SUSHI but not all offer the innovation, transparency, and security that YouHodler does. As a licensed company, YouHodler is bound by Swiss and E.U. laws to keep your crypto safe. YouHolder is an active member of the Crypto Valley Association where we help promote regulation in the crypto community without sacrificing the innovation this industry is famous for.
YouHodler clients receive SUSHI interest payments every seven days from the initial day of deposit and can follow their earnings live on the client dashboard with earnings updated every four hours. Interest is compounding meaning it increases over time (clients earn interest on the interest they earned in the past).
As for security, YouHodler never keeps all of its funds 100% in hot wallets. We use a mixture of hot and cold storage along with crime-pooled insurance from Ledger Vault to ensure maximum security. See why clients from all over the world love our fast, easy to use, and convenient wallets. Our all-in-one crypto wallets let you earn, lend, multiply and convert your favorite crypto assets.
SushiSwap saving wallet App that pays interest
YouHodler wallet app is the only application where you can store your SushiSwap (SUSHI) just like you would in a regular wallet but in addition, earn interest on that SUSHI wallet balance every week.
How does SUSHI interest work
You can earn interest on SUSHI just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 7.25% interest on SushiSwap.
How to Earn Free SUSHI
It’s easy! Just deposit SUSHI to your YouHodler wallet and you’ll earn free SUSHI every week.
How to Get Free SUSHI
Interest payments occur every seven days. So you’ll get your free SUSHI a week after your first deposit.
Cumulative Interest SUSHI
Yes, you have cumulative interest if you HODL SUSHI in the wallet. We calculate compound interest rates every week.
SUSHI APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more SUSHI at the end of the year due to this cumulative interest.
SushiSwap Savings Calculator
Just use our SUSHI Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.