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SushiSwap (SUSHI)

cryptocurrency March 20, 2021

Advertisements In brief: 9.2 Million Ethereum or 8.2% of ETH’s circulating supply is locked in DeFi Majority of the Ethereum is locked in the five protocols of Maker, Compound, SushiSwap, Uniswap and Aave If the ETH 2.0 deposit contract was considered as DeFi, there would be a total of 12.756 Million Ethereum locked making up […]

cryptocurrency February 7, 2021

Advertisements Summary: SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets The team at BitGo cited the SushiSwap team’s consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap’s collaboration with Yearn Finance is an indicator of growth in the DeFi industry SushiSwap (SUSHI) is now supported on BitGo’s custodial […]

cryptocurrency January 22, 2021

Advertisements Quick take: SushiSwap whales holding over 100k SUSHI have increased by over 74% in 2 weeks SUSHI’s value has more than doubled since the beginning of the year SushiSwap usage is high with the protocol being the 5th largest consumer of ETH gas SushiSwap is also the sixth-largest DeFi protocol in terms of Total […]

cryptocurrency September 17, 2020

Advertisements Quick take: Effective today, Coinbase Pro will start to pass network fees directly to their customers Of particular interest, is the Ethereum network that has seen an upsurge in ETH gas fees due to DeFi The latest gas fee hike on the Ethereum network was due to users claiming the UniSwap (UNI) token In […]

cryptocurrency September 16, 2020

Advertisements Quick take: The first week of September saw the total value locked in DeFi fall by 22% This was due to decreasing ETH and BTC prices in the first week of September The SushiSwap saga might have caused investors to remove their funds from DeFi projects The total value locked has risen by 39.5% […]

cryptocurrency September 11, 2020

Advertisements Quick take: Chef Nomi of SushiSwap has apologized for selling all his Sushi for ETH worth $14M He further explained his actions were driven by greed Chef Nomi has returned all the ETH back to the SushiSwap treasury He has requested the SushiSwap community to decide what compensation he deserves as the creator of […]

cryptocurrency September 6, 2020

Advertisements Quick take: The total value locked in DeFi has dropped by 22% from its peak of $9.512 Billion The drop coincides with the recent crypto market sell-off that hit DeFi tokens hardest Additionally, the SushiSwap debacle might have accelerated an exodus of investors from DeFi The total value locked in DeFi platforms has taken […]

cryptocurrency September 6, 2020

Advertisements Quick take: The founder of Sushi Swap, Chef Nomi, sold all his SUSHI in what many believe was an exit strategy Chef Nomi has been compared to Charlie Lee of Litecoin (LTC) Despite the heavy backlash, Chef Nomi has maintained he did it for the community He has since transferred admin rights of SushiSwap […]