Try Quests to earn cryptoSushiswap is an Uniswap fork with a number of key differences; The most prominent difference is the support for the $Sushi token to inject the power of governance into the protocol. This token provides users with two important functions: allowing investors to manage the protocol and receiving part of the payment fee in the protocol. Simply put, $sushi token holders become portfolio owners and can monitor and vote on it.
Supervision and management by the investors who own the assets of a protocol is one of the features of Defi that assures users about the growth of the platform.
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With $Sushi tokens, the holders of this protocol will play an important role in the management and development of Sushiswaps.
In the next section, we will talk about how Sushiswap is managed and developed by its community, and we basically answer the question of what is the use of "SushiPowah" and why does the Sushiswap community need SushiPowah?
In the flowchart below, we have fully explained the governance structure in Sushiswap.
The flowchart below describes all the ways in which SushiPowah can be obtained. Other details are also described.
In the first method, it is enough for the Sushiswap community to own Sushi token. Obviously, Sushi tokens can be purchased from many exchanges.
- The table above shows the names of some of the exchanges in which $Sushi is listed.
In the second method, xSushi owners will also have SushiPowah. To get xSushi, you can get it directly from the Sushiswap or xSushi will be rewarded to those who stake $Sushi.
In the third method, SushiPowah can be achieved by adding liquidity in SUSHI-ETH pool.
Finally, by examining SushiPowah in "etherscan", it can be seen that SushiPowah is not a inflationary. SushiPowah has a maximum supply.
