SushiSwap (SUSHI) is the next YFI

I screamed at you to buy YFI at $2.2k but few listened, and jannies deleted my threads.

I fudded bancor in every bancor thread telling you audits failed, team lied about solving impermanent loss, and v2 would be delayed, and i was right.

listen up. i will only tell you this once. sushiswap is a uniswap clone but sushitoken holders will get the fees. uniswap gets billions in fees. sushiswap is doing a hostile takeover of uniswap. they let uniswap liquidity providers farm sushi tokens. and in 2 weeks, all the liquidity will transfer automatically to sushiswap. rumor is the ftx guys are behind it. it's going to work. i expect binance to list it and it to go to 1bn dollars+ marketcap.

proof it's me 0x8bb236779e2faf7cb2792529e1db4a0d3c9a4a6c

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I am going all-in SUSHI.

Rebecca?

Got in at 2.5 and 1.6 on Saturday, my first yield farming project, farming sushi since on the sushi-eth pool.

My only concern is to educate myself on impermanent loss and how to tackle it.

i bought on uniswap

kek. my sushiswap thread is getting ignored like my yfi threads. biz = broke degens. the real whales are on twitter

How is this any better than Uniswap? Y

I bought a small bag and was gonna stake it for farming, but the fees were over $800. Is that normal for yield farming?

i got in early farming with ampl but realized that $1 in purchased sushi to dump immediately into sushi-eth at 11000% earned me 4x as much as $100 in ampl-eth staking at 7000%. im making a good amount of sushi daily now, all in sushi-eth. i think i might get out of the pool and just hold till $10. impermanent loss is retarded

any news on max token supply?

I'm thinking something like 100Million tokens, $10 each. 1B marketcap is possible in an irrational run or if its fundamentals are good - that its TVL equals uniswap's TVL which is ~1B.
how are fees distrubted to sushi holders? some other guy said fees are used to buy sushi, which makes sense.

Do you care to elaborate a bit on how sushi-eth is better than ample-eth on sushiswap? I'm currently on ample-eth and thought I'd just sell the sushi after.

>How is this any better than Uniswap? Y
it's a clone. but they are going to STEAL ALL OF UNISWAPS LIQUIDITY. AND THE COMMUNITY GETS THE FEES, NOT VC'S.

Is it worth just buying Sushi if you arent going to farm it? how long till the rug gets pulled?

>any news on max token supply?
the community can vote on it.

>Is it worth just buying Sushi if you arent going to farm it?
yes, i bought sushi instead of farming it for free. i did the same with yfi and that was the best move.

sushi-eth yields the listed % + a 2x modifier i think. so buying sushi and immediately getting to work farming the sushi-eth pool was a huge leg up at the start.

put 10k in ampleth, makes me 25 sushi an hour
buy 240 sushi for 1 eth, stake sushi and eth, make another 25 sushi an hour in that pool
so buying 10k worth of sushi and farming it wouldve made me $500/hour
would you rather farm 500 sushi for 20 hours, and get barely enough sushi to farm 50 an hour in sushi-eth? or get 500 an hour and make up your initial in the same time frame?

its all risk and reward. if you believed the price of sushi would retain 50% of its value foe 24 hours you shoulda bought and farmed

Is it worth paying the high gas fees for staking? I realize it's 2000% apy but will this even be around long enough to recuperate the gas fee?

They give like 2x as incentive. Might be 5x soon.

But isn't eth-sushi just about 2x the ampl pool? So it should only be 2x the rewards no?

fellow anons, this seems too good to be true, is this actually happening?

I asked this in the other thread as well with no reply
>Spend $119 trying to pool liquidity to it last night.
>Help me bros what am I doing wrong?

STOP SHILLING THIS. I AM NOT DONE BUYING.

Will this stop me from getting assblasted by Eth gas fees
I'm extremely tired of that shit at this point

How much do you get by farming vs. just straight up buying? Lets say I have $10k, could have bought 10k SUSHI. How about farming?

same
rsr
yfv
bzrx

Impermanent loss?

Farming the sushi-eth pair will earn you like 4,000$ in sushi over the next 10 days. Its probably better just to buy if your goal is to accumulate as much sushi as possible

Fuck Uniswap and fuck VCs.

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Look up dgvc. Fuck VCs

>How much do you get by farming vs. just straight up buying? Lets say I have $10k, could have bought 10k SUSHI. How about farming?
it's better to buy. farming makes 5%+ per day. but if you bought yesterday you'd be up 100%. i think buying will give you better % over the next few days.

I see what you're doing.
it's already valued at ~$270M given supply during the migration, not much room to moon.
>sushiswap is doing a hostile takeover of uniswap. they let uniswap liquidity providers farm sushi tokens. and in 2 weeks, all the liquidity will transfer automatically to sushiswap
the tokens aren't locked I farm with almost $1M and I'm going to withdraw before migration.
If everyone migrates but me I'm going to earn a lot in fees, it's not like users are going to switch.

>its not like users are going to switch

WRONG. Volume follows liquidity, if you’ve been farming for any period of time longer than a month you’d know this. This legitimately will suck up most of Uniswaps liquidity and volume.

he isn't wrong, sushiswap is purely parasitic.
It's a fundamental problem with open source, everyone benefits but developers don't earn anything
you have the cause and effect reversed. Volume increases -> people see high return on providing -> liquidity increases
almost nobody knows about sushiswap, only a tiny fraction of uniswap users knows about yield farming, they are going to use uniswap like they used to

they are talking abou incentivising LP's to prevent this from happening closer to migration, since everyone is thinking the same thing.

>everyone benefits but developers don't earn anything
he already sold out to VCs.