Sushi to Host Meetup in Seoul on September 24th

As part of Korea Blockchain Week, SushiSwap is inviting community members to a casual networking meetup on September 24 in Seoul. The “KBW Breakfast” event will be held at Görtz and will feature representatives from Sushi, Tectonic, STXN, Alphaledger, 0g, and W3JOE. The gathering is designed to foster conversations and connections over coffee and pastries.

Refer to the official tweet by SUSHI:

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.