Everyone is talking about the sushi drama.
To me, the whole saga simply underscores just how young and immature the space is.
A simple Litmus test for all coin news is simply the following:
Is this thing that's getting a lot of airtime taking the space forwards, backwards, or down into a ravine?
It's pretty clear that Sushi brought little value and hollowed out a bit of Uniswap, a great project, without actually making the space tangibly better. Its one benefit may be to underscore the need to protect one's intellectual property.
Just as an aside, if this were traditional finance, there would not be (1) anon founders, (2) a money grab so overt, but most of all, (3) no one would ever have returned the money. :-)
Going back to the original point, it's still very early for crypto-based services. I'm very glad to see the money returned. I'm still worried about the long-term impact on coinless open source software, and about the investors who got in late. But overall, glad it's resolved.
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