Sushi swap is a DeFi exchange.

Defi is short for decentralized finance.

Sushi Swap gained popularity through a business model very similar to the Uniswap model that also gave 5% kickback on exchange rates from the liquidity pools to the user.

Essentially Sushi swap has a more efficient model for the swap, and Uniswap has more dependability for offering more to liquidity pool providers.

SushiSwap was a fork off of or copy of Uniswap, whose pseudonym is Chef Nomi. Nomi planned to redeem Uniswap tokens for assets that would be transferred to SushiSwap. This was referred to at the time by many as a vampire attack, none the less the fork was able to pull off more efficient trades for the consumer and thus remains a popular asset to the crypto marketplace.

This history illustrates one – the potential for competing companies along similar thought trains to co-exist quickly in this real marketplace, and two – the potential for success in forks on new ideas in crypto.

There is more to this story that includes some dubious plays by the rather anonymous Nomi who decided on his own good conscience quickly after pulling the caper, to reverse his actions and give back millions of dollars to Uniswap was already too big at that point to really be affected by the move.

This history demonstrates a certain code of conduct that has been cultivated in a crypto culture that is respected by the major players.

Where many will critique the mal actions, our team really applauds their self-correction.

We are into SushiSwap, we will be following this and many other assets in the crypto-verse.

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