SushiSwap is an Ethereum-based software that incentivizes a network of clients to run a crypto asset exchange. Just like competitors Balanceer and Uniswap, SushiSwap takes a collection of liquidity pools to achieve this decentralized goal. It starts when users first lock up assets into smart contracts. Then, traders buy and sell cryptocurrencies from these pools, “swapping” okne token for another. As a reward for providing liquidity, users can earn interest on various assets.
The SUSHI price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines the SUSHI price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor SUSHI prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest HUSD price anytime, anywhere for infinity.
The SUSHI price constantly changes, however, our interest rates are stable as ever. Since 2021, our SUSHI savings account has featured 7% APR + compounding interest. Why? Because we love Sushi.
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of a SUSHI price drop or simply use the growing value of your SUSHI price as collateral for instant cash. HODL SUSHI and see the profits.
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