Sushi SUSHI

1 · Decentralized Finance · Ethereum Ecosystem · Exchange Tokens · Governance

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SUSHI is the governance token of SushiSwap. It is used to vote on protocol proposals and can be staked in the SushiBar contract to receive xSUSHI, which entitles holders to a portion of protocol trading fees. Protocol fees from trades are used to buy back SUSHI on the open market, with purchased tokens distributed to the xSUSHI pool as a buyback mechanism that benefits stakers.