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Maker Considers Joking, and Sushi Continues it's Search for a Headchef
Sushi has voted to accept the proposed timeline for hiring a Head Chef....Sushi has narrowed down its search to five candidates.
6 Min
DAO
Sep 2022
Gho is a Go, and Sushi Chef Troubles
Have an internal hackathon to speed up Sushi’s internal processes....with the Sushi DAO agreeing to pay any resulting legal bills....$1.6m in USDC, plus SUSHI compensation....Jonathan is even willing to shoulder the legal risk for Sushi....Jonathan’s vision and action plan for Sushi seems reasonable as well.
9 Min
DAO
Aug 2022
$UNI Moves The Goalposts Higher, Will $SUSHI Follow?
TLDR: We believe a relative value trade may be in play here and have taken a SUSHI position accordingly...SUSHI stakers have earned over $11 million of rewards in just shy of 4 months....Sushiswap uses its earnings to buy SUSHI and distribute it to stakers....This reflexivity could drive SUSHI’s price higher as earnings grow.
3 Min
AMM
Feb 2021
Liquidation Scares, Sushi's Restructure, & Reminiscences of a Crypto Cowboy
Forum Spotlight Sushi Restructure Synopsis: Sushi received a restructuring proposal from JiroOno....As this proposal comes from the team, it probably addresses the nuances and needs of Sushi better than...The steps they have laid out are obvious and achievable and would benefit Sushi as a whole.
7 Min
Money Markets
May 2022
Osmosis Debates Protocol-Owned-MEV, and Sushi Gets a New Head Chef
Sushi has finally finished its election for a new Head Chef.
8 Min
DAO
Oct 2022
February 2021 Analyst Call
Introduction + Market Overview with Kevin Kelly 9:29 – Bitcoin Outlook + CRV Update with Paul Burlage 20:10 – SUSHI...adds to our research team, dives into the relative value trade we currently see playing out between SUSHI...Our February Analyst Call in an updated format where we cover Bitcoin, Ethereum, SUSHI, UNI, NBA TopShots...
2 Min
Asset Management
Feb 2021
ENS Registrations Spike, DAO Banking, Resource Extraction In The Metaverse
At that time, SUSHI had a treasury of ~$214M in SUSHI tokens and a protocol that was making ~$30-40M/...($100M at time) Range: $4-16/SUSHI SUSHI price at raise: $8 The SUSHI DAO would write 50M range tokens...So, going over a few expiry prices: $2 SUSHI: holders would redeem for 25 SUSHI/100 range tokens, worth...
10 Min
Layer 1 / L1
Jul 2022
Governance Digest
...core team member OmakaseBar, this proposal recommends that Sushi reserve 2% of the 5-basis point fee...Sushi needs to fund staff to monitor and test infrastructure, community build, and manage Sushi’s expansions...Channeling a portion of the fees to support operations helps Sushi grow long-term.
7 Min
DAO
Aug 2021
The Official GNO Burn and BitDAO Buybacks
Sushi discusses clawing back vesting SUSHI, receives an update from Gauntlet on incentive optimization...Forum Spotlight Sushi Restructure Synopsis: Sushi received a restructuring proposal from JiroOno....The steps they have laid out are obvious and achievable and would benefit Sushi as a whole.
10 Min
DAO
May 2022
Uniswap vs Sushiswap: A Tale of Two DEXes
Its liquidity mining program distributed the SUSHI token to LPs, enhancing the yield of being an LP on...Over 80% of all SUSHI tokens were distributed to the public via various incentive programs....Sushiswap uses the fee to buy SUSHI and directly awards it to stakers....What if Uniswap turned on the 0.05% fee alongside SUSHI?
8 Min
DeFi
Jan 2021
DAO Banking: Beyond Tokens
At that time, SUSHI had a treasury of ~$214M in SUSHI tokens and a protocol that was making ~$30-40M/...($100M at time) Range: $4-16/SUSHI SUSHI price at raise: $8 The SUSHI DAO would write 50M range tokens...So, going over a few expiry prices: $2 SUSHI: holders would redeem for 25 SUSHI/100 range tokens, worth...
24 Min
DAO
Jun 2022
When Vampires Attack: SushiSwap and Uniswap
...has garnered significant attention in the market as the decentralized exchange, with a native token SUSHI...ownership in a specific uniswap pool comprising two assets) to SushiSwap in exchange for aggressive Sushi...While this is fantastic, people care more about token rewards (Sushi) and trades with less slippage (...to SOL based Sushi.
5 Min
DeFi
Sep 2020
Ethereum Futures Funding Rates Decline as Traders Turn Bearish
⚡SushiSwap’s Lingering Troubles From a valuation perspective, SUSHI trades at a discount to its peers...A considerable amount (35%) of circulating SUSHI is found on centralized exchanges, and the remainder...Vested SUSHI rewards began to unlock and finished vesting in October 2021....For more on Sushi, Delphi members can read our Delphi Pro report here.
4 Min
Layer 1 / L1
Aug 2022
Governance Digest
In The Forums Sushi Kicks the Hornets Nest Synopsis: Sushi CTO, Joseph Delong, in a proposal that comes...In the forum post, he asks that each of the 19 core Sushi team members be paid 200k SUSHI for their work...He also alludes that the Sushi community has been overly critical of the core team and their efforts.
9 Min
DAO
Dec 2021
Terra's TVL Growth, Lido's LUNA Benefits, DEX Valuations
Relative DEX Valuations Accusations broke out against the Sushi team this week, as investors and the...Amidst the drama and infighting among past and present members of the Sushi team, we took a look at how...Interestingly, SUSHI always seems to trade at a cheaper valuation compared to its Ethereum peers.
4 Min
Staking
Dec 2021
Exchange Tokens: Features and Value Accrual
...tokens have seen a stellar run up year to date, with BNB and FTT outperforming the likes of Uniswap and Sushi...We limit the scope to Binance (BNB), FTX (FTT) and Huobi (HT) for CEXs, alongside Sushiswap (SUSHI) and...In the case of SUSHI and ZRX, token holders that stake their tokens are entitled to a share of the protocol...
6 Min
Data
Apr 2021
PowerPool: The Missing Piece of Yearn’s Ecosystem
...can be used in Vault strategies such as staking in native protocols for earning protocol fees (AAVE, SUSHI..., this is a more concentrated index focused on some of the more popular DeFi blue chips (AAVE, SNX, SUSHI...SNX: Mints sUSD and supplys it to Curve SUSHI: With SushiSwap enabling the staking of SUSHI in the form...
10 Min
DeFi
Jan 2021
The Butterfly Effect of UNI Rewards Ending - Part I
...ownership in a specific uniswap pool comprising two assets) to SushiSwap in exchange for aggressive SUSHI...Meanwhile, SUSHI is up over 100% in that time period and is up ~15% just in the past 24 hours....SUSHI’s team realized the opportunity at hand and just announced they’d be adding additional rewards...
7 Min
AMM
Nov 2020
SushiSwap Takes a Shot at Uniswap
SushiSwap offers some differences vs Uniswap, detailed below LP incentives: earn a governance token, SUSHI...SushiSwap is 0.25% to LPs and .05% converted to SUSHI and distributed to SUSHI holders. 10% of SUSHI...Every block 100 SUSHI will be created, equally distributed to stakers of each pool For the first 2 weeks...
3 Min
Infrastructure
Aug 2020
PancakeSwap : A Perpetual Vampire?
Unlike SUSHI and UNI, there is no hard cap on CAKE tokens....So far, the PancakeSwap team has committed to sticking with Chef Nomi’s “Sushi is for everyone forever...SUSHI-ETH pool), in order to attract liquidity and incentivize projects to launch on PancakeSwap’s AMM...
4 Min
Infrastructure
Mar 2021