SushiSwap was created by two anonymous developers named Chef Nomi and 0xMaki in September 2020 as a fork of Uniswap. On the Ethereum blockchain, it is one of the most popular Decentralized Applications (DApps). SushiSwap's decentralized exchange (DEX) protocol uses the automated market-making (AMM) architecture.
SushiSwap intends to expand the AMM market while also introducing new features not seen on Uniswap, such as greater benefits for network participants via the SUSHI ERC20 token.
SushiSwap takes a 0.3 percent cut of all transactions in its liquidity pools, and its SUSHI token is used to compensate users for a fraction of those fees. Users of SUSHI have governance rights as well.
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