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.
SushiSwap (SUSHI) is the next YFI
Jeremiah Reyes
Tyler Miller
>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.
Ethan Miller
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
William Rodriguez
they are talking abou incentivising LP's to prevent this from happening closer to migration, since everyone is thinking the same thing.
Justin Harris
>everyone benefits but developers don't earn anything
he already sold out to VCs.