# What is MEOWSHI ($MEOW) ? Meowshi is a smart contract built on top of the [BentoBox](https://hackmd.io/@HHK-ETH/ry1Hi8I-Y), allowing you to deposit SUSHI and/or xSUSHI inside the BentoBox against MEOW tokens. Meow token is an ERC20 that represents your liquidity inside meowshi contract, you can do whatever you want with them but if you loose them, you loose the right to redeem your SUSHI/xSUSHI inside meowshi. Because meowshi is built on top of [BentoBox](https://hackmd.io/@HHK-ETH/ry1Hi8I-Y), assets sitting inside meowshi are sent to the BentoBox, generating extra yield on it. When BentoBox generates extra yield, increasing the number of xSUSHI sitting inside, your MEOW balance will not change but each MEOW token will be worth more SUSHI/xSUSHI when you will redeem them. See this diagram explaining MEOWSHI : ![](https://i.imgur.com/sLyKvon.png) Can find more details in the article [getting started with meowshi](https://hackmd.io/@HHK-ETH/Hy5in7qbK)