Sushi to Participate in Paris Blockchain Week in Paris

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Sushi is set to be part of the Paris Blockchain Week, in collaboration with Halborn and Immunefi. The event is scheduled to take place in Paris on April 10th at 4:00 PM UTC.

Refer to the official tweet by SUSHI:

🇫🇷 Allez allez! Sushi will be in Paris next! âœˆï¸

Join our “Paris Blockchain Week Hangout” with @HalbornSecurity and @immunefi!

Date: Wednesday, Apr 10

Time: 6:00 PM – 8:00 PM GMT+2

Location: Aki Boulangerie

Register now:https://t.co/OnjMgaFS65

Mar 21, 2024

SUSHI Info

SushiSwap is a decentralized exchange protocol utilizing the automated market maker (AMM) model. Unlike traditional exchanges, it operates without an order book or any centralized entity, relying instead on smart contracts to facilitate trades.

Transactions on SushiSwap occur within liquidity pools. In these pools, users lock their crypto assets to become liquidity providers (LPs). In return, LPs earn rewards relative to their pool share. The basic premise involves depositing an equivalent amount of two tokens to create a market. Users then trade ERC-20 tokens within these markets. Additionally, SushiSwap offers features like SushiBar, where SUSHI tokens can be staked to earn xSUSHI and subsequently garner a portion of the trading fees. BentoBox, another feature, serves as a multifunctional vault allowing users to earn yields in various ways, including staking and lending.

SUSHI is the native ERC-20 token of the SushiSwap platform. Distributed via liquidity mining to those providing liquidity, it grants holders governance rights over the protocol and a share of the collected fees, effectively making the community the owners of the protocol.