Liquidity pools are a requirement for all AMMs - these allow them to offer the service of decentralized swapping. Having deep liquidity ensures trades can be facilitated at a larger size and greater volume. All swaps take a fee proportional to the size of the trade: these are then rendered to liquidity providers (0.25%) and xSUSHI holders (0.05%). The higher the trade volume, the larger the APR on your xSUSHI stakings!
Liquidity pools are a requirement for all AMMs - these allow them to offer the service of decentralized swapping. Having deep liquidity ensures trades can be facilitated at a larger size and greater volume. All swaps take a fee proportional to the size of the trade: these are then rendered to liquidity providers (0.25%) and xSUSHI holders (0.05%). The higher the trade volume, the larger the APR on your xSUSHI stakings!