What exactly is SushiSwap? SushiSwap is a decentralized exchange that uses an Automated Market Maker (AMM) smart contract to conduct token exchanges and yield farming. The exchange, which runs on Ethereum, is an advanced fork of the Uniswap protocol, another DEX that uses the same AMM technology. By paying liquidity providers with fees, the exchange financially incentivizes them to contribute tokens to the marketplace. These users are compensated with the charges that other traders incur while doing token swaps. SushiSwap uses a multitude of decentralized oracles to report prices. SushiSwap's TWAP oracle, Compound's Open Price feed oracle, and Chainlink's oracles
We hung out with some local DeFi developers to look through the hype to determine the impact decentralised technologies may have on the financial system.
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