SushiSwap is a fork of Uniswap with some key differences – most notably, the token. The token has two functions at launch: entitling holders to governance rights and a portion of the fees paid to the protocol. In a simplified way, holders “own” the protocol.
SushiSwap is made for community governance and involvement, and powered by the fairest launch: no premines, little or no founder allocation, and equal distribution of based on the amount of funds supplied.
Besides getting fees, what are the governance rights for? Well, anyone can submit a SushiSwap Improvement Proposal (SIP), which then holders can vote on with their tokens. These can be minor or even major changes to the SushiSwap protocol. The development of SushiSwap is on the hands of the community: from using the treasury to hire core devs and give grants to ecosystem builders and contractors, to adjusting the tokenomics, to incentivizing new and old pools. This one is for the anons.