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SushiSwap is a decentralized exchange (DEX) built on the Ethereum blockchain, allowing users to swap various cryptocurrencies without intermediaries. It utilizes automated market maker (AMM) technology to facilitate trades, providing liquidity through user-contributed pools. As a key product in the DeFi space, SushiSwap offers features like yield farming and staking, enabling users to earn rewards by participating in the ecosystem. The platform emphasizes community governance, where token holders can vote on proposals to shape its future development. With its innovative approach, SushiSwap has become a popular choice for traders and investors seeking decentralized financial services. |
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