xSUSHI token
Overview
xSUSHI is the staked version of the SUSHI token, representing a share in the SushiBar staking contract. It is used to earn a portion of the trading fees generated by the SushiSwap decentralized exchange. The value of xSUSHI appreciates relative to SUSHI as fees accumulate.
Within the DeFi Intel graph, xSUSHI connects to 1 tracked entity, most strongly to SushiSwap.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | SushiSwap | 90% |
Frequently asked questions
What is xSUSHI?
xSUSHI is the staked version of the SUSHI token, representing a share in the SushiBar staking contract.
How does xSUSHI generate value?
xSUSHI is used to earn a portion of the trading fees generated by the SushiSwap decentralized exchange, and its value appreciates relative to SUSHI as fees accumulate.
What protocol is xSUSHI associated with?
xSUSHI supports the SushiSwap decentralized exchange.