SUSHI

coinfeeds-bot

tldr; SushiSwap's proposal to restructure its DAO and treasury, creating 'Sushi Labs' with significant autonomy and a financial package of 25 million SUSHI tokens (valued at roughly $38.5 million), has sparked community outrage. Over 62% voted in favor, but concerns about transparency, centralization, and potential manipulation of the voting process have been raised. The Sushi governance team's use of a multisig wallet to vote, contributing to a large portion of the 'Yay' votes, has particularly drawn criticism for undermining the project's decentralization ethos. Allegations of vote manipulation and the potential for a hostile takeover have escalated tensions within the community. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

omghag18

Now that's awesome! I STILL REMEMBER HOW HARD IT WAS TO REACH $500K IN LIQUIDITY ON SUSHI SWAP.

Snowflakes_02

SLP, AXS, YFI, SUSHI, ERN, etc

Tiny-Dick-Respect

Low risk low reward: like 3-4x ADA DOT LINK Medium : AXS C98 SUSHI BAKE CAKE PERP High : DOGGIE PEPE.... All small caps

XFYIO

There was SUSHI sell out of treasury for ETH. Then apologies and return of the money with simultaneously handling over contract keys. SBF proposed it, Sushi Chef disappeared. FTX started exponential rise and reigned supreme for two years.

XFYIO

The guy behind SUSHI, I may got the exact name wrong, but thats the one I am talking about. Not worth to look it up, but if you haven't heard the story behind SUSHI it is worth reading. It is one of the reasons for the modern gov token airdrops the way they are.

Minimum_Training_923

What do you guys think about CRV, SNX, SUSHI, COMP, WAVES, NEAR, KP3R? It’s what my (modest) portfolio consists of.

HaXr_L33T

Glad to hear that. I have some even smaller amounts of OGN, BNT, COMP, SUSHI, POND, FIL, LCX as well

Any_Pudding1541

Im actually in plenty of alts, LINK, ADA, LTC, SUSHI, MANA, MATIC, you get the point. I dont believe in any of them. Hold too long and you will have $0

AdamFitri2005

Probably JUP cus this is SOL's cycle but the probability of an ETH ETF would also make SUSHI good too, but out of the two JUP

Cathie_D_Wood

If you could pick one to own for a full cycle, would you rather own SUSHI or JUP?

iamjide91

LFG! Wagmi. I made a lot of FET last month and I'm putting some of these profits into XRP, DIA, UNI, and SUSHI as well. You got to be thinking about the future of decentralized payment and exchange systems.

jwz9904

so today is the DEFI pump. even SUSHI is up 40%

RatherCynical

It's not relevant. It's a bet that people will buy more stuff when BTC dominance comes down because people move along the risk curve. As long as volume increases, SUSHI increases. No randomness, no casino, just economics.

RatherCynical

I'm not discussing shitcoins. I'm discussing something like SUSHI or CAKE because it's a decentralised exchange. If anyone wants to buy a crypto not listed on a centralised exchange, they're forced to buy it from a decentralised one. These protocols charge fees, usually 0.3%/transaction. These fees are used to buy itself and to distribute its own tokens at a reward to holders. There are a very limited number of highly popular decentralised exchanges that act like a funnel for the space. It's like betting on Visa or Mastercard when you know the Fed has been giving out stimulus. You're taking the bet that people will use an ecosystem more, not a random ass noname project.

AdamFitri2005

What's the SUSHI or CAKE equivalent for solana

AdamFitri2005

I need to buy me more SUSHI on the next dip

MollyPooper

lmao just buy alts instead. Why would you go through the trouble of living on the streets just to buy some bitcoin when you could make far more profit with less than $1000 of alts? Just accept the fact you have missed your train on bitcoin. It’s not gonna give you any ridiculous returns like 50x or 100x anymore. That age is over. Just buy some alts like SUSHI, CAKE, 1INCH, CRV, SOL, DOGE, etc. At least that way you stand a chance to gain at least 10x-20x and even 50-100x if you bought the very bottom. I literally only have bought $200 of alts each like $20-30 in value simply because I live in a country where I could barely make $4k a year and all I have is $200 to invest. I stand more chance to gain with alts than bitcoin. Don’t be an NPC and follow your friends lol

wooly_torch

I've been in since 2021 and you're right: I do have much to learn. The moment I start getting too confident in what I think I know, I stop making investment decisions and take a break from everything for a while lol. But I'm still hung up on the "no small cap has ever succeeded" part. I mean, there's gotta be a small cap that's performed well in the history of crypto. What about GALA and SUSHI (arguably, they aren't even doing well, but have had their moments)?

hiredgoon

Use the Arbitrum Nova pool on SUSHI or Kraken.

tika_dengu

SUSHI almost doubled last few days. Too late to FOMO.

type_error

I don’t trust alts to be honest. I think they are rife with pump and dumps. I don’t think DeFi is ready yet and is not exactly being used for any good use cases. The best one in my opinion is BAT and maybe the exchange tokens like SUSHI but that use case is crowded by others. That said the market cap is kinda low at 600+ million. Has decent volume.

akagi_misha

The APR is 25% and you get rewards in MOONs, and a miniscule amount of SUSHI token. Do familiarise yourself with "Impermanent Loss" if you haven't already! Let me know if you need any more help!

vhanke

The on-chain activity hints at potential short-term rebound opportunities for Ethereum (ETH), Shiba Inu (SHIB), and SushiSwap (SUSHI), as noted by Santiment. Traders should keep an eye on these developments in the crypto market.

coinfeeds-bot

tldr; On-chain activity suggests that Ethereum (ETH) and two altcoins, Shiba Inu (SHIB) and SushiSwap (SUSHI), may experience short-term price rallies. Traders of these cryptocurrencies displayed signs of panic and high levels of loss-taking, which are typically indicators of a rebound opportunity. Ethereum rival Avalanche (AVAX) is also seeing bullish sentiment due to the launch of the decentralized social finance application Stars Arena on the AVAX blockchain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

its_witty

I think it can't be more simplified than it was. Exchanges let you trade your crypto on pair basis, for example you buy/sell SUSHI for USD, but you can also buy/sell it for BTC, etc.; since there wasn't too many of transactions happening for some of the pairs, they're disabling the ability to trade them, but you'll be still able to buy/sell SUSHI for USD (the real currency, not USDT). Nothing to worry about if you're not a daily trader, coins won't evaporate or anything like that.

Abject-Government-13

Could you please explain in more detail for newb owners of SUSHI. I bet some people (like me) don't understand.

Mr_Bob_Ferguson

>SUSHI-BTC, SUSHI-ETH I thought these pairs would actually do some reasonable volume! It's not quite the shitcoin cull that I expected.

Curatole

​ >SUSHI-ETH > >SUSHI-EUR > >SUSHI-GBP Sushi is a big one, but they leave the usdt pair so i guess there's not a lot of volume for the other trading pais.

frank__costello

> it makes sense CB would not hold a DEX coin Brian Armstrong literally called Hayden an "American hero" a few days ago in DC Coinbase is very supportive of DEXs, SUSHI is getting delisted because there's no volume on the token

I_talk

So low volume shitcoins. Noice. SUSHI is the only one that jumps but it makes sense CB would not hold a DEX coin

Cptn_BenjaminWillard

I guess that SUSHI is getting Swapped.

cohortq

So BAND isn't a LINK killer and SUSHI isn't a Uniswap killer.

optimum_pride_o

I've checked every single of these pairs but I only know these ones: * SUSHI-BTC * SUSHI-ETH * SUSHI-EUR * SUSHI-GBP So, I'm guessing these are just some shitcoins or something, good riddance.

NoNumbersNumber

Quite a lot of SUSHI pairs. Hmm...

0xjoel

SUSHI is a huge one right there, my guess is probably no much volume generated on there

partymsl

The only big one seems to be SUSHI, but even SUSHI as a native token is not that big. Coinbase is putting out the laundry witg low volumes.

coinfeeds-bot

tldr; Coinbase will delist 80 non-USD trading pairs from several of its platforms on October 16, 2023, in an effort to improve overall market health and consolidate liquidity. The affected pairs include ACH-USDT, BNT-BTC, SUSHI-BTC, SUSHI-ETH, ZRX-BTC, ZRX-EUR, and others. Coinbase Advanced Trade users in eligible regions can continue trading these delisted pairs using USDC balances. This move follows Coinbase's previous delisting of certain trading services in September and the relisting of Ripple's XRP token in July. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

AppetizingEspionage

SUSHI-BTC nooo my favourite blue chip mega safe bet next bull run!! /s

loksfox

Everyone should be making sure they get as many moons as they can, providing liquidity can help you earn a few more moons every month. This is easy to set up. You can swap some MOONs into ETH directly on SUSHI to give yourself some liquidity to provide for both pairs. The menu and everything is all incredibly simple. I've been providing for a couple months now, and my liquidity is worth more than it was when I added to it. There have been days where I checked it and it was down a few bucks, but it quickly recovered. If the APR is actually 63% then I will considerably profit and get more moons than I would have if I didn't LP. This will allow me to add to the position and increase my rewards for next month...stack as many moons as you can before the bullrun.

Mcgillby

You do need to stake your LP tokens for the additional rewards though. Right now, the rewards are pretty decent. You get paid in both MOON and SUSHI for staking, plus you earn a bit from fees from being an LP. The majority of rewards come from staking though.

loksfox

Everyone should be making sure they get as many moons as they can, providing liquidity can help you earn a few more moons every month. This is easy to set up. You can swap some MOONs into ETH directly on SUSHI to give yourself some liquidity to provide for both pairs. The menu and everything is all incredibly simple. I've been providing for a couple weeks now, and my liquidity is worth more than it was when I added to it. There have been days where I checked it and it was down a few bucks, but it quickly recovered. If the APR is actually 63% then I will considerably profit and get more moons than I would have if I didn't LP. This will allow me to add to the position and increase my rewards for next month...stack as many moons as you can before the bullrun.

bvandepol

There are multiple pairs on Sushi. The pairs I could find are with ETH, BRICK, USDC, SUSHI, xDAI, ARB, wBTC, USDT You can create your own pool even if you want, but the MOON/ETH has the best APR, volume and TVL (total value locked)

pbjclimbing

Did you know that one of the founders of SushiSwap rugged pulled by pulling the SUSHI/ETH liquidity and SBF was seen as a savior by getting him to eventually put it back and kind of taking over SushiSwap for a minute. The exchange that MOON/ETH liquidity is on had a very shady start.

Stoopiddogface

You split 50/50 MOON and ETH, deposit it in the pool and earn SUSHI and MOON rewards

DreadknotX

•$1.2 million of FTX Token FTT •$1.8 million worth of UNI •$1.3 million worth of HXRO (HXRO) •$550,000 worth of SUSHI •$260,000 FRONT That’s a lot and would shift the market in the red.

flyingscottydog

A cold wallet owned by collapsed crypto exchange FTX moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons, according to on-chain data. The altcoins include notable tokens like LINK, SUSHI, LUNA, and YFI. The transfers were conducted through Wormhole Bridge. It is unclear if the transfers are connected to the exchange’s bankruptcy proceedings or its recent request to hire Galaxy Digital to sell its crypto holdings for fiat. FTX did not respond to a request for comment as of press time.

coinfeeds-bot

tldr; The FTX cold wallet has transferred over $10 million worth of cryptocurrency to an Ethereum wallet. The transfer involved digital assets like LINK, SUSHI, LUNA, and YFI, and used blockchain bridges like Wormhole. The move is suspected to be an attempt at wallet collection. The FTX exchange's crypto assets portfolio is valued at over $675 million, with the highest-value asset being FTT, the native coin of the FTX exchange, worth $259.65 million. The exchange also holds Ethereum worth $17.30 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

DBRiMatt

Yes, Arb-nova SUSHI. I think the most efficient way to trade it would to be to trade for (nova) ETH, and then bridge to a different network to then send to your exchange or wallet... seeing as you need arb-nova eth anyway to provide liquidity in the first place.

DBRiMatt

Impermanent loss is the risk, as advised in the main thread, DYOR and read up on the risks, and understand what yield farming is. https://academy.binance.com/en/articles/impermanent-loss-explained But currently there are about 3250 MOONS, 59 SUSHI being distributed amongst all providers per day. Additional SUSHI is rewarded to providers from the transaction fees that Sushiswap makes from all the trading volume.

mesutdmn

seems SUSHI is the only one who understood MOON > BRICK, nice increase.

DBRiMatt

Thats 59 SUSHI per day allocated to the liquidity farm, which means that 59 SUSHI is distributed **amongst all** the providers based on their staked allocation to the pool. But still, it's a pretty decent increase.

DBRiMatt

I know I'll be adding my next distribution of moons straight to the liquidity pool, and that extra bit of SUSHI will be converted to more moons!

DBRiMatt

Shoutout to u/TNGsystems for asking the question to the Sushiswap team on the back of u/Gabester suggestion, that the trading volume for Moons on Sushi has brought them sufficient fees to justify increasing the SUSHI reward allocation. Thank you!

DBRiMatt

Love me some fresh $SUSHI

Stoopiddogface

MEXC, SUSHI and Kraken... Kraken was easiest

CoolCoolPapaOldSkool

My top 3 are - UNI SUSHI OSMOSIS

Overall-Extension608

Can this be said on popular DEXs 'like SUSHI' even though they aren't offering that astronomical of APY? SUSHI token, MINSWAP token, OSMOSIS are a few examples.

Rusty_Shacklefurd69

So here’s the thing - you gotta read into who became their new ‘master chef’ (or whatever the heck they call it). Basically, a bunch of holders voted on their new quasi-‘CEO’ and his vested compensation (in sushi) tokens over the next 5ish years. With this in mind- I would treat sushi more like a stock, in terms of investing. If you like the ‘CEO’ and his goals and his ability to execute, then you probably like the company (in this case, SUSHI).

coinfeeds-bot

tldr; SushiSwap is a decentralized exchange (DEX) that allows users to swap tokens, provide liquidity, stake, trade, and more. Its native token, SUSHI, has gained attention in the DeFi community and has seen significant price fluctuations. The article provides a price prediction for SUSHI in the short-term and long-term, as well as information about its use case, tokenomics, team, and community. It also discusses the potential for SushiSwap to succeed or fail and provides recommendations on where and how to buy SUSHI. Overall, the article suggests that SUSHI is a risky investment but has the potential for growth in the future. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

Chaotic2822

some SUSHI as well. The increase in the value of Moons from 22 cents to 45 cents (+104%) shows that there is potential for even greater gains if you continue to provide liquidity. Additionally, the compensation of Moons and SUSHI that you have received so far adds to the value of your investment. Overall, it seems like providing liquidity in the Moons/ETH Pool on Sushi swap has been a positive experience for you. Keep monitoring your returns and consider encouraging others to join the pool as well.

WineMakerBg

Following the Alphabet, Binance is next, then Coinbase: Arbitrum Nova Binance Bitrue Coinbase Kraken MEXC SUSHI

Meowopesmeow

Guys spot on though, the narrative that no one respected SBF is bs. While there were those that were on to him, you only have to have lived through the last bull run to know everything SBF touched for a while was booming. There was SUSHI for instance, after the scammer did his thing w sushi he transferred the keys to SBF and SUSHI took off because of this. Then there was the FTT run in 2021, not to mention the entire SOL ecosystem that was basically the hottest thing in parts of 2021. Influencers talked about "the SBF effect." So Vitalik is talking out his ass here. Many in the crypto community trusted FTX & SBF, that's why he fell so hard because he built a giant in the crypto community. Hell I remember just before FTX collapsed and a crypto friend told me to take my funds off FTX and I remember saying there's no way they go under they're too big to fail. Still I had 10k on there and I took it off because I needed the money and couldn't afford to lose it and 36 hours later they stopped withdrawals. I was super lucky. If no one trusted SBF then this scam wouldn't have hurt so many people. The sheer size of the scam is in itself proof of how trusted he was, regardless of those that were on to him and it's just sad how many lives he ruined. 😔

koelebobes

MEXC , GATE.io , SUSHI, CDC , KRAKEN *Whats next for us* 

DBRiMatt

Well, I have taken this opportunity to convert my $1.24 worth of SUSHI rewards into bricks! xD

goldyluckinblokchain

I'm happy using SUSHI but still best practice to revoke permissions every time. It wasn't that long ago they got hacked and I bet most of the people who use them still aren't revoking

Avoidlol

Was the SUSHI token rugged I guess?

WineMakerBg

I guess SUSHI and Uniswap are not dangerous enough for some of us ...

Status_Floor1746

Well part of it of course was the 0.30% fee that went to LP providers but there is also from a CCIP a while back LP providers benefit from a partnership between SUSHI and this Reddit to provide a set amount of MOONs and SUSHI to be split among LP providers

Status_Floor1746

I have several thousand so a couple of months ago I cashed some in for ETH and then added and staked a few 100 in the LP! The LP pays out in MOONs and SUSHI

omghag18

BUY ON SUSHI SWAP DIRECTLY, but thanx for sacrifice since if CDC gets good volume then other CEXs will also follow them

Meowopesmeow

Uniswap for ARB or OP, pancakeswap for BSC, Kyber/Syncswap/MAV for ZKS and occasionally SUSHI or WOO.fi for cross chain swaps.

kirtash93

Pancake is the best place to buy a lot of shitcoins. I bought KABOSU and SAFEMOON there. Still, they are really easy to use. Should I take a loan and leverage 100x into $SUSHI?

GuppyGirl1234

And here I am still trying to understand and get the hang of web3. Anyway, who is up for SUSHI?

miks595

SUSHI, ARB, ETH mentions are related to Moons also, XLM had a pump recently. ALGO is mentioned alongside XRP case mentions

omghag18

SUSHI SWAP the real chad , supporting the majority of transactions , unlike CDC who just wanted to win the race of listing moons

DBRiMatt

The fees APR most certainly won't, but the supplementary moon allocation most certainly does. Theres 1.18k moons being distributed amongst providers every day, in addition to the SUSHI fee rewards.

MichaelAischmann

Then buy moons on MEXC or SUSHI.

Jcook_14

One with a litany of tokens. An example would be a token that is redeemable for a certain ratio of tokens like LINK, UNI, SUSHI, ARB, OP, AAVE, LDO and so on. A decentralized weighted Index of Ethereum tokens would be really cool, and would take a lot of effort off of me to try and keep a position in each token, when I am not a primary user of Ethereum network or L2’s.

MichaelAischmann

If you want to find out your trading options for any coin or token, find it on coingecko and switch from the overview tab to the markets tab. There you will find available pairs & the exchanges that trade them. [https://www.coingecko.com/en/coins/moon#markets](https://www.coingecko.com/en/coins/moon#markets) MEXC or SUSHI seem to be favorite.

NoMo9to5AutoPilotDrv

SUSHI had $3B of DEX volumes in June, and is on pace for $27B in May, 9x that in Dec. Trading fees over the past 30 days are $68.1MM, with $11.4MM directed to XSUSHI stakers. With $587MM staked, that's a PE ratio of 4.3 at current prices. The S&P500 avg is 44.2

Odlavso

You can use SUSHI but then have to bridge to arbitrum or polygon to send to most exchanges or you can send moons directly to MEXC and trade there

DBRiMatt

earned 0.029 LRC yesterday. Boom baby! I actually earned more SUSHI from that 1 moon trade dumping xD

Fair_Raccoon9333

My ONE regret is the AVALANCHE of ALGO on the fictional star trek planet of CRONOS where they serve SUSHI.

Vivid-Protection5194

Ah the good old days of food tokens... SUSHI, CAKE, BANANA, SUNDAE you name it...

Matth3w_95

You're right, I just checked and on sushiswap I can buy 1 SUSHI for 0.89 USDC, while on uniswap I would need 1,1 USDC. Don't exactly know how to profit from it tho.

Puking_In_Disgust

Yep yep! While I’m on the subject of unorthodox strategies have you noticed how weird the price of SUSHI is over there on Nova? I’ve sold it for as much as 1.7 and bought as low as .92 all while the thing was hovering around 1.1-1.2 everywhere else lol I get some of the best profits of any trading pair when I sell some of that high into moons low or Vice versa.

diomediocre

Oh yeah, I meant the swap fees above. The MOON/SUSHI rewards accrue separately with time that you can claim or use an auto-compounder like Beefy to cycle them back in.

3utt5lut

Hmm that seems peculiar? Do you claim your Moons/SUSHI separately and then just add them back in?

3utt5lut

Yeah I had one before with Acala before the entire project went tits up. Ended up losing everything (yay). How is the MOON/SUSHI rewards paid, do they go right into your LP, or into a separate account?

diomediocre

Best way is to get your hands dirty with small amounts. You get swap fees and often yield farming rewards. Every one who trades through your liquidity loses about 0.25% across most DEXs to trade tokens through. This adds to your claim later when you withdraw. This is usually noted as trading/swap APR. Yield farming rewards are rewards paid to LPs like the SUSHI tokens you get for LPing in most Sushi pools. Generally crab markets or high volume trading profits LPs but price divergences or bull/bear markets can muck things up.

j4c0p

It's against ToS and yet there is liquidity pool of 500k deployed, at least 2 providers RCP/SUSHI swap deployed and arbitrum fork running that requires you to have direct exposure to ETH. Also reddit released NFTs for 3 seasons, asking up to 100's of $, free avatars all deployed on polygon. Amount of money Reddit is dumping into development of anything crypto related is orders of magnitude higher than your favorite coin, but guys... they will rug it cos SEC. Question is why they even started, let alone keep pushing ? ToS does not stop any CEX to list, it just means Reddit won't be acting as exchange.

Kappatalizable

My 2.3$ in SUSHI is so happy with this news

jawni

I really doubt anyone in this thread is going to have anything valuable to say. You're just gonna get people shilling the top DEX of whatever chain they use or MOON farming by saying the obvious answers of UNI or SUSHI (which really wouldn't be considered without MOON's being a factor). If you want a more comprehensive look, [then this article is good](https://ethropy.substack.com/p/samson-dex-renaming-ve33-and-solidly). It focuses on Solidly forks, but those are probably the fastest growing subset of AMM's right now.

conceiv3d-in-lib3rty

The fact that it was a copy/paste of Uniswap didn’t sit well with a lot of people. And it was a fork with the purpose of destroying Uniswap and taking its place. A SUSHI token was created and initially offered to users who left Uni to join Sushi which damn near killed Uniswap. And then Chef Nomi (the anonymous entity who forked Uniswap) cashed out his Sushi token not long after and made $13 million and that drove the price down 80%. Honestly just normal crypto shenanigans, but it left a bad taste in the mouth for many people.

MaeronTargaryen

Again? Wasn’t Uniswap already targeted a few weeks ago? Between them and SUSHI, it shows how DEXs are vulnerable, this isn’t great for decentralization

MaeronTargaryen

We saw that recently with UNI and SUSHI havint some issues. So yeah, whatever you do, crypto has a part of risk I guess

sideshow09

TIL I am an APE… looked at my trading records and the dates that I got into positions like SNX, YFI, SUSHI, and man I could not have been more of an APE if I Troy McClure singing at me.

randomFrenchDeadbeat

>now I've been DCAing into: XRP/AAVE/APT/AD/SUSHI/SNX/SYN/RUNE/SOL, basically a lot of alternative coins mainly in DeFi. mostly shitcoins though. AAVE/sushi are probably the only 2 you should keep. >I wanted to ask you all an honest to God question, are the gains as insane as I heard they can be in crypto during a true bull run? No. Stop listening to influencers. The only people that make "insane coins" are the scammers, rugpullers and influencers you heard. >And if so, what stops you from looking at a shitcoin that X100 overnight and throw all your savings at it because why not X1000? Working neurons.

Vivid-Protection5194

XRP... Might get killed by SEC. SOL... Down every couple of months. SUSHI... Been exploited at least two times (that I remember of), likely more. Nice portfolio. /s