Bob Eco | Bobcoin
BOBC $1.0394 | 24h.     1.34%
  • Tokenomics
  • Company profile
  • Whitepaper
  • Buy/Sell BOBC

News

Follow Us

Bobcoin | BOBC is Available Now on SushiSwap!

Start Swapping Bobcoin on SuchiSwap now!

Choose BOBC (Bobcoin) and ETH, connect your wallet and you are good to Swap!
Click here to start swapping!

What is SushiSwap? (SUSHI)

A Beginner's Guide
SushiSwap is a platform for buying and selling crypto assets such as Bobcoin. It uses software that runs on Ethereum and seeks to incentivize a network of users to run a platform for crypto asset trading. 

To achieve this, SushiSwap uses a variety of liquidity pools similar to platforms like Uniswap and Balancer. Users lock their assets into smart contracts. Traders can then deal in cryptocurrencies from the liquidity pools, buying, selling, and swapping tokens as Bobcoins | BOBC.

SushiSwap doesn't need a third-party, central administration system. It is one of an increasing number of decentralized finance platforms (DeFi). 

Holders of SUSHI cryptocurrency make the decisions regarding SushiSwap software. Anyone with a SUSHI balance votes on other users' proposed changes and can propose operational changes themselves.  

How does SushiSwap work?

SushiSwap facilitates the trading of a variety of crypto for its users as its core function, mirroring traditional centralized exchanges. 
However, they are different (decentralized) because users tie their tokens to a smart contract, locking crypto onto the software that traders can access. Traders pay a fee to deal in locked assets. That fee is then distributed to the pool's liquidity providers in proportion to their contribution.

SushiSwap Farms

Users who want to contribute to SushiSwap pools connect their Ethereum wallet to the farming software provided by SushiSwap. They then need to lock two assets (for example, a USDT and an ERH asset) into a smart contract. SushiSwap has a liquidity pool with equal value deposits of ETH and USDT. 
 
Once assets are locked into a smart contract, traders can swap tokens in line with the protocol regulations. SushiSwap smart contracts take and receive equal amounts of tokens from a trader. This maintains a consistent total pool value. 

Users who provide pool liquidity receive protocol fees and a percentage of the SUSHI that the platform puts into circulation on a daily basis.

Whenever a liquidity provider wishes to reclaim the funds they provided, they can. In addition, they receive the cryptocurrency earned from farming (their "harvest").

SushiSwap has an App called SushiBar. The App enables users to stake their SUSHI and earn xSUSHI tokens when they have harvested. The xSUSHI token is the sum of SUSHI tokens bought on the open market, plus a percentage of fees generated by the exchange.

More Articles

Breaking news - Official opening of the Bob Eco production Plant!
In Case You Missed It
Breaking news - Official opening of the Bob Eco production Plant!
REGULATION | 1 year ago | Bobeco
Is Bob Eco charging up for a Nigeria push?
Bobeco | 20 hours ago
Discover Riverland Holland by e-bike, e-scooter or e-cruiser.
Bobeco | 3 days ago
Bob Eco announces vehicle access partnership with Little WIGO.
Bobeco | 4 days ago
Discover Cadzand in a smart and fast way.
Bobeco | 6 days ago
Bob Eco to launch Model X in the Philippines this year!
Bobeco | 1 week ago

Press Inquiries.

The Press-team is available to answer request for information,interviews, filmmaking request and contacts with BoB and its affiliates

Contact Press
Bobcoin
Buy / Sell Bobcoin Markets About ICO-WA About Bobcoin CoinMarketCap CoinGecko Whitepaper Tokenomics Certik Exchanges Evorich Users
Doing good
Achievements Social impact Environmental impact Education Program Road Safety Lease to own
Follow
Latest news News archive Telegram YouTube Instagram Facebook Linkedin Twitter Medium
Company
CEO - Bob Ultee About us Support Electric Vehicles Battery Swap Roadside assistance Compounds Bob App Careers Partners In the Media Lookbook Videobook
© 2022 Hong Kong
All rights reserved Company Profile www.bob.eco www.bobcoin.eco www.bobrental.eco Privacy Policy Terms of Use FAQ Media kit