Sushi

SUSHIUSD FTX
SUSHIUSD
Sushi FTX
 
No trades
Market Cap
FD Market Cap
Trading Volume 24h
Circulating Supply
Max supply
Market Cap
FD Market Cap
Trading Volume 24h
Circulating Supply
Max supply

Important events

Dec 152021

Caught up in an avalanche

SushiSwap looks to get back on its feet after an in-fighting scandal, with the help of top Avalanche (AVAXUSD) developer Daniele Sestagalli.

  • Sestagalli proposed absorbing SushiSwap into the Avalanche (AVAXUSD) ecosystem. The joint market cap of the two tokens would be almost $6bn.
  • Prices popped 14% on Monday before closing up a modest 1%, and the day witnessed a 180% increase in transactions on the SushiSwap network – so it looks like the community could be on board with Sestagalli’s idea.
  • Its CTO stepped down last week after months of internal bickering, and it’s still recovering from the subsequent 17% drop.

My proposal to Restructure $SUSHI . https://forum.sushi.com/t/frog-nation-3-sushi/6494 Long Live Sushiswap. #OccupyDeFi

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Dec 092021

SushiSwapping its CTO

There’s been trouble brewing at SushiSwap and the drama has finally come to a head with CTO Joseph Delong resigning his post.

  • The token jumped nearly 18% on Wednesday before closing up 12% after Delong tweeted his resignation following months of infighting.
  • Delong was accused of forcing out a fellow team member and key developer, and the community was not happy. Delong threatened to quit if the community didn’t back the current developer team, which they won’t.
  • It’s going to reorganize its leadership structure in the wake of the scandal, but people think it’s already highlighted the downfalls of decentralized crypto.

In the interest of the Sushi Community I am resigning as CTO effective immediately. I very much enjoyed the things that we built together and will look back positively on this moment.