sushiswap liquidity pool | BTCC Knowledge

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What is the liquidity pool in sushiswap?

Sushiswap has many liquidity pools that consist of token pairs, such that the product of the quantity of first token “X” and second token “Y” always remain constant. The trader can take a portion of X but he will have to supply adequate Y so that their product remains constant.

How to earn passive income on the sushiswap exchange?

If you want to earn some passive income on the SushiSwap exchange, you can either purchase SUSHI tokens and stake them in the SushiBar or provide liquidity to some of the pools listed on Sushi’s Farms page. The annual percentage yield (APY) on some of these farms has gone upwards of 217% and more.

Is sushiswap a good investment?

SushiSwap is a popular decentralized exchange, and the SUSHI token has performed well since its launch. If you're considering buying it, it would be good to pay attention to similar tokens in the DeFi space and read up on possible regulatory changes. A solid understanding of decentralized finance will help you to get the most out of the token.

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