Company description
Sushiswap was launched, the SUSHI token was traded as low as $0.50 each due to the incident of Chef Nomi, its creator leaving the project with the development fund. After that the project leadership shifted to 0xmaki and the community in which we saw the token trading at almost $23 at an all-time-high, which is a staggering 4600% ROI increase since the lows. While the token price is volatile as we see correctional waves due to speculation, the SUSHI token also extracts value from trading fees. That is, SUSHI holders can stake to redeem xSUSHI which entitles them to earn 0.05% for all trades on Sushiswap.
