Sushi is the governance token of the SushiSwap decentralized exchange. The market cap is $2,197,496,562 and the 24h volume is $743,640,923.
Sushi blockchain consensus is achieved via the Ethereum Blockchain. Investors can leverage their crypto via smart contract staking. Currently there is 1 option to earn passive income and staking rewards with your Sushi investment as outlined below.
Stake In Sushibar
- How do I stake SUSHI?
Staking SUSHI is relatively easy and requires a metamask ethereum wallet containing SUSHI and ETH to pay for gas.
Go to the SushiBar tab at sushiswap.fi to approve and stake your SUSHI tokens.
For more detailed instructions please follow our “How to Stake SUSHI Step by Step Guide”.
- How much can I earn Staking SUSHI?
0.05% of the total SushiSwap Trading Volume is being redistributed proportionally to all SUSHI stakers in the SushiBar.
With the SUSHI Staking Rewards Calculator you can make assumptions for the Sushiswap Trading Volume and Percentage of SUSHI being staked, in order to estimate earnings.
66.6% of your Sushi rewards will be “Vested” for 6 months from the moment they are earned. So if you earn 10 SUSHI today you can harvest 1/3 immediately, and the remaining 2/3 after 6 months of waiting. You can unstake at any time. Your vested (locked up) yield will still be available to you when their lock-up time is over.
- Is there any risks to Staking Sushi?
Yes, there are a few risks to consider when Staking Sushi or adding Liquidity to SushiSwap.
First, when Staking Sushi you should be aware of reward vesting as explained above.
Second, you should be aware of smart contract risk by staking in the SushiBar smart contract.
If depositing liquidity into SushiSwap you should be aware of “Impermanent Loss”.