Reddit Posts
From Memecoins to Genuine Investments
Helping the above average John guy understand the Defi space : Uniswap, SushiSwap, Balancer, Curve Finance and Bancor. Also a recap on DEXs and AMMs.
Provide liquidity for moons for fun and profit, but understand IL
Helping the above average John guy understand the Defi space : Yield Farming, Liquidity Mining, Airdrops, Initial DEX Offerings(IDO), Initial Bonding Curve Offering (IBCO), Liquidity Bootstrapping Pool (LBP), Initial Farm Offering (IFO) and the associated risks
Helping the average John guy understand the Defi space : Governance, Aragon and Snapshot
The Top 10 DefI Cryptocurrencies to Watch in 2023 before the Bull Run
The Value of Reinvesting Your Liquidity Rewards - using a real life example:
FTX Cold Wallet Actively Transferring Tokens. Till Now Transferred Over $10 Million Using Wormhole
PSA: Adjustment to Sushi rewards for RCP liquidity farms
Current Status liquidity Moons/ETH contribution after ~160 days
BALD deployer hints at Sushi Swap as next target after meme coin exploit, SUSHI price rallies.
The SushiSwap Exit Scam of $13 million in 2020
Adding Moons to the liquidity pool - a review (almost) 1 month later.
Which of these coins are basically dead and which ones still have potential?
How does SushiSwap offer 34% APR on staked Moons?
SushiSwap to Launch Claims Website for Vested SUSHI Tokens
SUSHI Recovers After Exploit Triggers Millions in Losses
The SEC attacking digital assets left and right while banks scream they are “protecting their customers” while crime runs rampant in FIAT and Gambling Soars
Long-Term SUSHI Holders Are Jumping Ship After SEC Subpoena By CoinEdition
Opportunity to learn from 3 bad things I did recently and 1 good thing
Asset Manager GoldenTree Moves $5M of SUSHI, Sparking Fear It’s Exiting
SUSHI tumbles amid whales unstaking tokens
Recent Whale Transactions Foreshadow a Potential SUSHI Sell-off By CoinEdition
For those wondering what the loss really looks like
$300K mark Crossed !!! Next Goal $500k ! or maybe even a Million !!!!!!!!!
Earn Extra $MOON & $SUSHI Tokens By Providing Liquidity To The MOON/ETH Pool On Sushiswap Today! (Simple Guide + Visual Instructions Included)
SushiSwap Staking Leaderboard is Now Live!
Over $100,000 Added to MOON Liquidity Since CCIP-051
How I provide liquidity for MOON/ETH and the rewards I receive for doing so.
Reducing the Risk and Fear of contributing Liquidity.
For those adding liquidity - this error/bug will likely happen to you
Update on Earning by Providing Liquidity on SushiSwap - Must stake your LP
Ripple (XRP), Bitcoin (BTC), Ethereum (ETH), SUSHISWAP (SUSHI) & More Cr...
SushiSwap Executive Reveals Roadmap for 2023, Says ‘Interesting Suprise’ Coming to SUSHI
What's with all the food-themed token names for crypto projects like SushiSwap (SUSHI), PancakeSwap (CAKE), BurgerSwap (BURGER), Yam Finance (YAM), BakerySwap (BAKE), etc?
SBF's Alameda Deep Dealings With Tether And Alleged FTX Market Fraud
Privacy Token - CIA Protocol - 1st Ever True Privacy Dex - 0% Buy Tax For Next 24 hours.
Privacy Token - CIA Protocol - 1st Ever True Privacy Dex - Groundbreaking Utility
CIA Protocol - 1st Ever Revolutionary Privacy Dex - Groundbreaking Utility - Previews, Dev Update & V2 Roadmap Inside
6 months ago, Zhu Su of Three Arrow Capital claimed 100k ETH is dust for him. Today, he is selling 10 USDC, trying to pay off debt after his $20 BN fund imploded. Markets always humble those too arrogant
$MoonSushi is an innovative, experimental, and community-based project aiming to create a stable reward ecosystem | Fair Launch Soon | Big Names Behind This Token |
What do you think about my portfolio and strategy?
Index token fail cases? (C20, DPI, NFTI, TCAP)
Did you miss out on the Optimistic Airdrop? Here's your Arbitrum Airdrop Guide.
Sushi kittens! Taking the cat trend a step further. What’s cuter than a cat? KITTENS are! Fair launch on the BSC network!
Analysis of DEX Inflation Via Yield Farming Vs. Token Price
Don’t ignore the importance of diversifying your crypto treasury
Top 5 Best Staking Coins Compared In 2022
Ethereum Whales Accumulating Polygon (MATIC), Loopring (LRC), Render Token (RNDR), and Sushiswap (SUSHI), According to WhaleStats
By the end of 2021, DAOs were labeled to be ‘the next big thing’ in the cryptocurrency scene, and rightfully so. We might be about to see the rise of a new trend in this market, but that surely isn’t as simple as it sounds to be.
Don’t let your Bitcoin sit idle in a wallet, farm it instead in BSC for high yields
SushiSwap (SUSHI) Flag Pattern Hints 50% Recovery In SUSHI Price
Top 5 Up n Coming/Hibernating Cryptocurrency Challenge?
Which Metaverse Coin do you see with most potential, and Why?
🍣 Reward Sushi | Just Launched | Based developer and team - Hard working ✔ Huge Marketing planned 💎 Very small MarketCap ⬇ Fast growing community 🚀 Don't miss the next 1000x! 💸
Reward Sushi | Fair Launch In 15 Minutes|Easy 100x Gem | Good and growing community | Join our great community | Low MarketCap | Don't miss your chance! | Marketing operation getting started
SushiVerse 100x Potential |Launching soon !| Huge marketing campaign| Future of Nfts 🚀 Biggest shiller and holder win 0.5 BNB each!!
SushiVerse 100x Potential |Just Launched !| Huge marketing campaign| Future of Nfts 🚀
SushiVerse 100x Potential |Just Launched !| Huge marketing campaign| Future of Nfts 🚀
SushiVerse 100x Potential |Just Launched !| Huge marketing campaign| Future of Nfts 🚀
Have 5K and want to dollar cost average
Have $5K and want to dollar cost average
Is suishi swap a good buy at the moment? It is 9.4$ while ATH was 23$
An insightful structural analysis on SUSHI - seems closer to the US fed reserve than you might think! Curious to hear your thoughts on this!
New to Coinbase Wallet. $1,000 to sell my SUSHI? What do I do?
🍣Baby Sushi - Gem X100 🍣 | Stealth Launched 🚀 | LP Locked 🔒 | 🔥 Small MC 🔥 | Marketing More Later Today! | Great Community
Question about Custodial Ethereum Wallets
🍣Baby Sushi - Gem X100 🍣 | Stealth Launched 10 Minutes 🚀 | LP Locked 🔒 | 🔥 Small MC 🔥 | Marketing More Later Today! | Great Community
If you are hodling Cardano, SUSHI or UNI, you are most likely in loss
If you are hodling Cardano, SUSHI or UNI, you are most likely in loss.
SushiSwap (SUSHI) vs. Uniswap (UNI) [2021]
SushiSwap CTO quits as SUSHI price falls 20%
SUSHI Price Spikes 20% After SushiSwap CTO Quits Following Infighting ???
SUSHI price rises 20% after SushiSwap CTO quits after power struggles
Why I am bullish on SUNDAE, but not too much
Sushiswap DAO responds to controversial accusations.
Even in the worst dip there are contrarian performers
Uniswap vs Sushiswap: What Are Your Thoughts?
The Cheapest DEXes To Trade On Layer 1 Ethereum
Mentions
Out of OP range. More like ERG, LTO, CKB, SUSHI, VET and the veins like that, you dig?
CAKE and SUSHI has been doing well for me
Sorry to say this, but UMA, OMG, SUSHI & ANKR will most likely go nowhere but down. It sucks that coinbase shilled these projects to users.
SUSHI and LRC have not had pumps like the ofher alts yet this season. Yes, I’ve placed my bets.
|| || |YEAR 2021 - MARKET ANALAYSIS| ||$/Unit|Unit|S/B Price|Price today|Current Selling Price|Profit of loss| |UMA|$25.00|80.00|$2,000.00|$2.61|$208.80|\-$1,791.20| |OMG|$6.16|725.97|$4,472.00|$0.37|$270.57|\-$4,201.43| |ETH|$4,690.00|0.12|$558.00|$3,312.80|$394.15|\-$163.85| |SUSHI|$16.60|118.98|$1,975.00|$1.04|$123.73|\-$1,851.27| |BCH|$1,380|1.43|$1,975.00|$492.97|$705.52|\-$1,269.48| |XLM|$0.49|4310.20|$2,112.00|$0.47|$2,033.55|\-$78.45| |SHIB|$0.00005450|8000000.00|$436.00|$0.0000|$198.3200|\-$237.6800| |ANKR|$0.16|15912.50|$2,546.00|$0.04|$590.83|\-$1,955.17| ||YR 2021||$16,074.00|||\-$11,548.52| Deymmm ive computed everything.
|| || |YEAR 2021 - MARKET ANALAYSIS| ||$/Unit|Unit|S/B Price|Price today|Current Selling Price|Profit of loss| |UMA|$25.00|80.00|$2,000.00|$2.61|$208.80|\-$1,791.20| |OMG|$6.16|725.97|$4,472.00|$0.37|$270.57|\-$4,201.43| |ETH|$4,690.00|0.12|$558.00|$3,312.80|$394.15|\-$163.85| |SUSHI|$16.60|118.98|$1,975.00|$1.04|$123.73|\-$1,851.27| |BCH|$1,380|1.43|$1,975.00|$492.97|$705.52|\-$1,269.48| |XLM|$0.49|4310.20|$2,112.00|$0.47|$2,033.55|\-$78.45| |SHIB|$0.00005450|8000000.00|$436.00|$0.0000|$198.3200|\-$237.6800| |ANKR|$0.16|15912.50|$2,546.00|$0.04|$590.83|\-$1,955.17| ||YR 2021||$16,074.00|||\-$11,548.52| Deymmm ive computed everything.
Best to bet on undervalued DeFi. There are LOTS of very high probability plays. SPELL will likely make a roaring comeback. People will still want to get MIMs. Launchpads will be hugely profitable to use, so people will use it massively. Convex, SUSHI, and so on. Most DeXs that are not doing great right now are fantastic entries. SSWP, KDSwap, all the swaps. JOE, BOO, and so on.
SUSHI is a nice 30x or so. Is that not enough? I've got some bags in KDSwap, that's sub-mil that I expect to 100x+. SSWP would likely be 100x+. SPELL likely makes new ATHs.
Its 2024 now, so getting an entry that's generational on any tokens you mentioned is improbable. Sure CAKE or SUSHI when they first launched, but like I said, generational entries are in tokens that are new and unknown. They still exist, just not ones that millions of people already know exist or have VCs
What's wrong with a high conviction 10x? Let's suppose you start with $10,000.00 You turn it into $100,000.00 with PEPE or something. The cycle is over, you buy puts on RIOT for another 50%. You're at $150,000.00 You get another cycle with Bitcoin at the bottom. You buy some STX, RENDER, KAS, and so on. You can 3-5x easily. You're at $450,000.00 At bull market mania, swap to something like SUSHI, CAKE, etc. That's at least another 10x. You'd be at $4.5million. And so on. There is no reason to need to chase a 1000x cryptocurrency. Having conviction and knowing your entries and exits matter more. Knowing when Bitcoin collapses matter more. Knowing when Bitcoin bottoms matter more. Chasing a 1000x is more likely to make you go bust. And a thousand times zero is still zero.
Generational entries on DeFi, DeXs, and a lot of L1s that didn't run yet still exist. DOT, KSM, ONE, MOVR, etc. haven't run much if at all. SUSHI, CAKE, BAKE, JOE, SSWP, etc, all remain extremely cheap.
KAS has been on a very long boring period. You can make decent money from that. When alt season finally arrives, everything makes good money. CAKE, BAKE, SUSHI, JOE, RAY, SSWP, etc. Every single thing makes good money
Don't be like BitCoin Pizza man! Don't spend your precious Sats on lunch. Pay for Sushi with $SUSHI 👈😉 👈
#Today's major activities US Trump-Harris Debate US House Committee Crypto Hearings - 1/3 Binance $Matic Delist & Suspend deposits and withdrawals SUSHI Memecoin Launchpad Flatform launch
I am going for Exchange coins - Real Bull run still ahead, Check out BGB, WBT, MX, OSMO, SUSHI. They still have even better performance ahead in my opinion. I have already profited from BNB ATH
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.
Now that's awesome! I STILL REMEMBER HOW HARD IT WAS TO REACH $500K IN LIQUIDITY ON SUSHI SWAP.
SLP, AXS, YFI, SUSHI, ERN, etc
Low risk low reward: like 3-4x ADA DOT LINK Medium : AXS C98 SUSHI BAKE CAKE PERP High : DOGGIE PEPE.... All small caps
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.
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.
What do you guys think about CRV, SNX, SUSHI, COMP, WAVES, NEAR, KP3R? It’s what my (modest) portfolio consists of.
Glad to hear that. I have some even smaller amounts of OGN, BNT, COMP, SUSHI, POND, FIL, LCX as well
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
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
If you could pick one to own for a full cycle, would you rather own SUSHI or JUP?
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.
so today is the DEFI pump. even SUSHI is up 40%
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.
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.
What's the SUSHI or CAKE equivalent for solana
I need to buy me more SUSHI on the next dip
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
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)?
Use the Arbitrum Nova pool on SUSHI or Kraken.
SUSHI almost doubled last few days. Too late to FOMO.
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.
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!
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.
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.
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.
Could you please explain in more detail for newb owners of SUSHI. I bet some people (like me) don't understand.
>SUSHI-BTC, SUSHI-ETH I thought these pairs would actually do some reasonable volume! It's not quite the shitcoin cull that I expected.
​ >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.
> 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
So low volume shitcoins. Noice. SUSHI is the only one that jumps but it makes sense CB would not hold a DEX coin
I guess that SUSHI is getting Swapped.
So BAND isn't a LINK killer and SUSHI isn't a Uniswap killer.
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.
Quite a lot of SUSHI pairs. Hmm...
SUSHI is a huge one right there, my guess is probably no much volume generated on there
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.
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.
SUSHI-BTC nooo my favourite blue chip mega safe bet next bull run!! /s
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.
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.
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.
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)
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.
You split 50/50 MOON and ETH, deposit it in the pool and earn SUSHI and MOON rewards
•$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.
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.
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*
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.
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.
seems SUSHI is the only one who understood MOON > BRICK, nice increase.
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.
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!
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!
MEXC, SUSHI and Kraken... Kraken was easiest
My top 3 are - UNI SUSHI OSMOSIS
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.
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).
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*
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.
Following the Alphabet, Binance is next, then Coinbase: Arbitrum Nova Binance Bitrue Coinbase Kraken MEXC SUSHI
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. 😔
MEXC , GATE.io , SUSHI, CDC , KRAKEN *Whats next for us* ![gif](giphy|K3s2C8zQ6qEu6YlFiq)
Well, I have taken this opportunity to convert my $1.24 worth of SUSHI rewards into bricks! xD
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
Was the SUSHI token rugged I guess?