The below chart shows the SUSHI balance in their wallet, among liquidity providers. We can see that SUSHI-WETH holds the highest average amount of SUSHI, followed by SUSHI-xSUSHI LP and SUSHI USDT LP.

The pattern we can see that WETH held the largest position due to ETHs utility to pay gas fee and its sought after value as the #2 cryptocurrency. Sushi-xSushi were the 2nd largest, probably due to its price being very close, thus reducing impermenant loss. It also provide as a means fro quick swap utility from xSushi to Sushi.

The third one is SUSHI-USDT, which is a common stablecoin pair.

2.0 Result

1.0 Overview

Sushiswap is a decentralized crypto exchange on Ethereum. It allows users to swap tokens, farm yields and provide liquidity. Liquidity providers are paid some portion in SUSHI tokens, which are governance token

For the Liquidity providers SLP tokens, WETH-SUSHI LP tokens trumps with the largest portion at 96.3%, while other tokens shares with the remaining 10%.